Preclassical Monetary Theories
This book presents a survey of ideas about money which led up to those presented by the great classical economists. The scene is set with a description of the monetary system in France before the Revolution.
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Contents
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Introduction
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1 |
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Some ideas on banking procedures
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75 |
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First ideas on monetary policies
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101 |
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Copyright
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4 other sections not shown
Common terms and phrases
amount of money asserted assignats bank money Bank of England bank-notes bankers banking system Bodin borrow Cantillon capital cash balances cash holdings cause cent century Chapter classical coins concerned consequence currency Currency School David Hume debtors debts decrease demand for money deposits depreciation economic subjects effect equation exchange rate fact France Gervaise hand Hawtrey Henry Thornton holders Hume Ibid idea income increase in prices inflation John Law John Locke La Grande Encyclopédie labour level of prices loan Locke London marginal utility means of payment mercantilist minting monetary policy monetary theory money in circulation notes number of units paper Paris precious metals problem profit proportion quantity of money quantity theory question rate of exchange rate of interest real cash result Ricardo Richard Cantillon seigniorage stabilising sums theory of money thinkers Thornton thought tion trade transaction costs units of account velocity of circulation