Letter from William Croswell to John Quincy Adams, 1833 July 9

Two drafts on one leaf of a letter regarding the depreciation of currency.

VII. Calculations, [1794]

One sheet of paper arranged by columns for the years 1792, 1793, 1794 with currency amounts and final sums below. "Papers & notes of Thomas Adams" written on verso.

Petition to the General Court (photostat copy), 1662

Photostat copy of a petition from ferrymen Francis Hudson and John Burrage requesting the General Court coin twopenny and fourpenny pieces for change so the ferrymen could accommodate customers attempting to pay with larger currency denominations.

Annotated almanac, 1777

Almanac containing interleaved pages and sporadic annotations on the calendar pages by John Winthrop. The calendar pages are typically annotated with one or two notes at the bottom recording household activities. The interleaved pages contain entries with almost daily notes of social engagements and travel during the year. One interleaved leaf contains short miscellaneous entries about local deaths including the death and funeral of Harvard Tutor John Wadsworth (July 12), Revolutionary war battles, an illness (May 27), a description of changing currency (June 27), Doctor Doddridge's epigram "Dum vivimus vivamus" beginning "'Live while you live,' the Epicure will say...", and a short list of legal activities such as citations and wills performed in Winthrop's capacity as a Judge of Probate.

College Book 8, 1778-1803

This volume contains a fair copy of minutes from Corporation meetings held from May 5, 1778 through October 14, 1803. It begins with an alphabetical index and contains entries related to a wide range of topics, including changes in the College laws; lists of Harvard graduates; historical information about the College and its governance; memorials to the Massachusetts General Court about currency concerns, the West Boston Bridge, and other matters; the establishment of medical professorships and selection of professors to fill them; land and property belonging to Harvard; the settlement of accounts with former College Treasurer John Hancock; support of missionaries to several Indian tribes; the establishment of a student dress code; the Charlestown Ferry, and its revenue troubles following the construction of the West Boston Bridge; the purchase of a wooden sloop for transporting students' "fuel" (presumably firewood); the creation and distribution of library catalogs; the commission of a lucernal microscope for the College Apparatus; Oneida Indian Isaac Solegwaston and Harvard's financial support of his studies at the Hamilton Oneida Academy; transcriptions of a letter (October 23, 1789) from the Corporation to President George Washington and of Washington's response; a petition to the General Court for the establishment of a public infirmary to serve the indigent; individuals who were granted permission to instruct Harvard students in the French language outside the established curriculum; and Thomas Welsh's excused absence from his Harvard graduation, granted June 14, 1798, because of his imminent departure for Berlin to serve as Secretary to John Quincy Adams, then Minister Plenipotentiary to Berlin.

VII. Calculations, [1794]

One sheet of paper arranged by columns for the years 1792, 1793, 1794 with currency amounts and final sums below. "Papers & notes of Thomas Adams" written on verso.

Letters to Ebenezer Hancock from his mother, Mary Perkins, and his stepfather, Daniel Perkins, 1758 June 27 and 1758 November 16

These two letters were written to Ebenezer Hancock while he was an undergraduate at Harvard College. His stepfather, Daniel Perkins, wrote on June 27, 1758 and his mother, Mary Perkins, wrote on November 16, 1758. Both letters were sent from Bridgewater, Massachusetts, where the Perkins lived. The letters contain general greetings and wishes for Hancock's well being, as well as parental advice regarding his behavior and comportment.

Current challenges in EU politics. A perspective from North Rhine-Westphalia. ZEI Discussion Paper C216, 2013

I would like to briefly recapitulate where Europe stands today, and what has been achieved. Because I maintain that in the EU’s 27 Member States we have, despite the failings and shortcomings we all bemoan, reached a level of unity, prosperity and rule of law unheard of in the history of this continent, and possibly of the world. As far as territory is concerned: the European Economic Community started out with six members. The late Bronislaw Geremek, former Foreign Minister of Poland and an eminent historian, used to point out that this, at the time, corresponded in size and shape roughly to the empire of Charlemagne, one of the greatest unified territories the continent has ever known. And yet, a mere 55 years after the Treaty of Rome we have gone far beyond that. Today’s European Union encompasses 27 countries, more than 4 million square kilometers in territory and 500 million people. When it comes to Europe’s policies, at present, all eyes are on the Euro and the future of our common monetary and financial policy. But within our common space, we have achieved so much more than a common currency for a majority of Member States.

Central bank cooperation during the great recession. Bruegel Policy Contribution. Bruegel Policy Contribution 2013/08, 20 June 2013

During the Great Recession, central banks went well beyond their normal operations and provided liquidity in unlimited amounts, in foreign currency and to foreign banks. Central bank cooperation took the form of a swap network, and amounted to an episode of global monetary policy. However, though bank cooperation will continue to contribute to global governance, the swap network should not be made permanent and given an institutional basis to provide international lending of last resort. Swaps are a monetary policy tool and should continue to be decided on by central banks like all other monetary policy tools,to avoid impinging on their independence, which a difficult historical process has shown to be the best basis for price stability.

Can the eurozone survive? Jean Monnet/Robert Schuman Paper Series Vol. 12, No. 4, May 2012

From the Introduction. As financial and economic turmoil continues to rock the Eurozone nations and even threatens to undermine the political stability in the region, it may be helpful to recall the circumstances that helped bring about the formation of the European Union and the common currency of the Eurozone. While issues of trade, finance, and economics were at the heart of many of the agreements upon which the European Union was founded, there were larger issues about a shared future for Europeans that went beyond fiscal concerns. As the economic conditions in Europe and the rest of the world appear to have brought the Eurozone to the brink of collapse, the question at hand is whether the strength of the euro and the economies of the Eurozone nations will be able to withstand the forces that threaten not just the economic ties among the nations of the Eurozone and the EU, but that also strain the historical, cultural, and political foundations on which those economic ties were forged.

Encadrement juridique des monnaies numériques : bitcoin et autres cryptomonnaies

Les informations relatives aux cryptomonnaies sont susceptibles de changer à l'avenir tant cette matière est nouvelle et encore peu ancrée dans le droit. Ce mémoire est une réflexion sur l'essor du Bitcoin et des cryptomonnaies à leurs débuts, alors même que le droit cherche à s'accaparer ces nouvelles technologies, à les intégrer dans son système préexistant.

Les transferts de fonds virtuels – une technologie innovatrice et un moyen potentiel de blanchiment d’argent

Travail dirigé présenté à la Faculté des études supérieures et postdoctorales en vue de l’obtention du grade de Maître ès sciences (M.Sc) en Criminologie – Option sécurité intérieure

Framing Banking Union in the Euro Area: Some empirical evidence. CEPS Working Document No. 389, 3 February 2014

Evidence shows that financial integration in the euro area is retrenching at a quicker pace than outside the union. Home bias persists: Governments compete on funding costs by supporting ‘their’ banks with massive state aids, which distorts the playing field and feeds the risk-aversion loop. This situation intensifies friction in credit markets, thus hampering the transmission of monetary policies and, potentially, economic growth. This paper discusses the theoretical foundations of a banking union in a common currency area and the legal and economic aspects of EU responses. As a result, two remedies are proposed to deal with moral hazard in a common currency area: a common (unlimited) financial backstop to a privately funded recapitalisation/resolution fund and a blanket prohibition on state aids.

The EMS Crisis of the 1990s: Parallels with the present crisis? CEPS Working Document No. 393, 28 March 2014

The EMS crisis of the 1990s illustrated the importance of a lack of confidence in price or exchange rate stability, whereas the present crisis illustrates the importance of a lack of confidence in fiscal sustainability. Theoretically the difference between the two should be minor since, in terms of the real return to an investor, the loss of purchasing power can be the same when inflation is unexpectedly high, or when the nominal value of government debt is cut in a formal default. Experience has shown, however, that expropriation via a formal default is much more disruptive than via inflation. The paper starts by providing a brief review of the EMS crisis, emphasising that the most interesting period might be the ‘post-EMS’ crisis of 1993-95. It then reviews in section 2 the crisis factors, comparing the EMS crisis to today’s euro crisis. Section 3 outlines the main analytical issue, namely the potential instability of high public debt within and outside a monetary union. Section 4 then compares the pressure on public finance coming from the crises for the case of Italy. Section 5 uses data on ‘foreign currency’ debt to disentangle expectations of devaluation/inflation from expectations of default. Section 6 concludes.

Inflation-Targeting, Flexible Exchange Rates and Macroeconomic Performance since the Great Recession. CEPS Working Document No. 394, March 2014

Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular monetary policy strategy during the crisis period 2007-12? This paper answers this question in the affirmative. Countries with an IT monetary regime with flexible exchange rates weathered the crisis much better than countries with other monetary regimes, predominantly countries with fixed exchange rates. Part of this difference in growth performance reflects differences in export performance during the initial years of the crisis, which in turn can be explained by real exchange rate depreciations. However, IT seems also to confer other benefits on the countries above and beyond the effects from currency depreciation.