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Pamphlets and Papers 1809-1811 (Volume 3)
by Pamphlets and Papers 1809-1811 (Volume 3)
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Description
This volume focuses on Ricardo's shorter essays printed in the Morning Chronicle, which deal exclusively with his thoughts on the inflationary monetary policy of the Bank of England and Britain's consequent Bullion Crises. In these essays, the genesis of Ricardo's theory of "hard money" emerges as a tool to hedge against inflation using metallic currency. The Bullion Committee, created by the House of Commons in 1819, subsequently adopted his recommendations. His writings here gave rise to the currency school of hard money.
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Product Details
- Oct 29, 2004 Pub Date:
- 9780865979673 ISBN-13:
- 0865979677 ISBN-10:
- English Language
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