This study is an expansion by AI of 2 records published by Skeptron, a studio in the RISCON family, and of the public-domain source texts listed below. Every sentence in a block quote is word for word either a record's own or a passage of a source text saved with this study, and its source line names which; the rest is AI writing. Skeptron's records are modern summaries of historical episodes written for a platform, not archival documents; they keep some of what the actors wrote and drop the rest, and the paper says which where it matters. The readings through the works named are this study's interpretation. Nothing in this study is advice on financial, legal or policy decisions.
| Case | Studio | Record |
|---|---|---|
| The Bank Restriction | Skeptron | https://skeptron.risconlabs.com/questions?question=HQ-HC1-RESTRICTION1797-01 |
| Britain Leaves Gold | Skeptron | https://skeptron.risconlabs.com/questions?question=HQ-HC1-GOLD1931-01 |
The source texts this study read are saved with it, and the passages it quotes from them stand in them word for word:
| Text | File | Address |
|---|---|---|
| The Privy Council, Minute of Council of 26 February 1797 directing the Bank of England to forbear issuing cash: as printed in Cobbett's Parliamentary History of England, vol. 32 | sources/order-in-council-1797.md | https://archive.org/download/10279140bsb/10279140bsb_djvu.txt |
| Henry Thornton, An Enquiry into the Nature and Effects of the Paper Credit of Great Britain (1802): the Bank's restriction of its notes in alarm, and the suspension of cash payments in 1797 (Chapters IV and V, excerpts) | sources/thornton-paper-credit-1802.md | https://archive.org/download/enquiryintonatur06thor/enquiryintonatur06thor_djvu.txt |
| Report from the Select Committee on the High Price of Gold Bullion (the Bullion Report, House of Commons, 1810): the opening of the Report and its conclusion | sources/bullion-report-1810.md | https://archive.org/download/reporttogetherwi10grea/reporttogetherwi10grea_djvu.txt |
| Gold Standard (Amendment) Act, 1931 (21 & 22 Geo. 5 c. 46): full text | sources/gold-standard-amendment-act-1931.md | https://archive.org/download/india.history.resource.93869/93869_djvu.txt |
The records were read on 2026-10-06. The texts were fetched on 2026-10-06. This study was written on 2026-10-07.
Bibliography
- Henry Thornton, An Enquiry into the Nature and Effects of the Paper Credit of Great Britain (1802).
- Barry Eichengreen, Golden Fetters: The Gold Standard and the Great Depression, 1919–1939 (1992).
- Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (1996).
- Barry Eichengreen and Jeffrey Sachs, Exchange Rates and Economic Recovery in the 1930s (1985).
- Thomas M. Humphrey, Lender of Last Resort: The Concept in History (1989).
- Peter Temin, Lessons from the Great Depression (1989).
- Frank Whitson Fetter, Development of British Monetary Orthodoxy, 1797–1875 (1965).
- John Clapham, The Bank of England: A History (1944).
- Finn E. Kydland and Edward C. Prescott, Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977).
- Michael D. Bordo and Finn E. Kydland, The Gold Standard as a Rule: An Essay in Exploration (1995).
- Oren Gross and Fionnuala Ní Aoláin, Law in Times of Crisis: Emergency Powers in Theory and Practice (2006).
- Eric A. Posner and Adrian Vermeule, The Executive Unbound: After the Madisonian Republic (2010).
- Parliament of the United Kingdom, Gold Standard (Amendment) Act, 1931 (1931).
- House of Commons, Select Committee on the High Price of Gold Bullion, Report from the Select Committee on the High Price of Gold Bullion (1810).
- Privy Council of Great Britain, Minute of Council of 26 February 1797 (1797): as printed in Cobbett's Parliamentary History of England, vol. 32.