Thomas Tooke: Pioneer of Monetary TheoryThis is the first full length study of Thomas Tooke, a leading monetary economist of the 19th century, a pioneer of quantitative monetary history and the greatest opponent of the quantity theory of money in the history of economic thought. |
Contents
List of Figures and Tables | 14 |
Monetary Theory in 1797 | 23 |
Ricardian Monetary Thought | 29 |
Copyright | |
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amount analysis argument bank notes Bank of England bankers Banking School banking system bills of exchange bullionists cause central banking chapter circulating medium coins Committee commodities commodity money competition convertible banknotes country banks Currency School demand deposits depreciation determined discount discretion economists England notes explained exports free trade free-trade principles function Gayer gold movements High Price History of Prices ibid important inconvertible increase indexes influence issuing notes J. S. Mill loans London medium in circulation meta-theory monetary base monetary theory monied capital note issuing notes in circulation pamphlet paper money period Political Economy Club price changes price of bullion price of gold quantity of money quantity theory question rate of interest real bills doctrine reserve Restriction Ricardian Ricardo Smith supply theory of prices tion Tooke and Newmarch Tooke argued Tooke rejected Tooke thought Tooke's views trade in banking transactions value of gold value theory volume