Ricardo on Money: A Reappraisal

Author:   Ghislain Deleplace (Université Paris 8, Saint-Denis, France)
Publisher:   Taylor & Francis Ltd
ISBN:  

9780367867836


Pages:   418
Publication Date:   12 December 2019
Format:   Paperback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Our Price $83.99 Quantity:  
Add to Cart

Share |

Ricardo on Money: A Reappraisal


Add your own review!

Overview

Despite his achievements, David Ricardo’s views on money have often been misunderstood and underappreciated. His advanced ideas had to wait until the twentieth century to be applied, and most historians of economic thought continue to consider him as an obsolete orthodox. The last book devoted in tribute to Ricardo as a monetary economist was published more than 25 years ago. Ricardo on Money encompasses the whole of Ricardo’s writings on currency, whether in print, unpublished notes, correspondence, or reported parliamentary speeches and evidence. The aim of the book is at rehabilitating Ricardo as an unorthodox theorist on money and suggesting his relevance for modern analysis. It is divided into three parts: history, theory and policy. The first describes the factual and intellectual context of Ricardo’s monetary writings. The second part puts the concept of standard centre stage and clarifies how, according to Ricardo, the standard regulated the quantity – and hence the value – of money. The final part shows that Ricardo relied on the active management of paper money rather than on flows of bullion and commodities to produce international adjustment and guarantee the security of the monetary system. Published to coincide with the 200th anniversary of the publication of On the Principles of Political Economy, and Taxation, this book will be of great interest to all historians of economic thought and scholars of monetary economics.

Full Product Details

Author:   Ghislain Deleplace (Université Paris 8, Saint-Denis, France)
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.453kg
ISBN:  

9780367867836


ISBN 10:   0367867834
Pages:   418
Publication Date:   12 December 2019
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

List of tables Acknowledgements Introduction 1. Why a book on Ricardo on money? Revaluation Rehabilitation Completeness Relevance 2. An evolution in Ricardo’s theory of money The relation with the theory of value and distribution Ricardo’s mature theory of money in brief 3. The content of the book: history, theory, policy Part I. History Part II. Theory Part III. Policy 4. Two hundred years after PART I History 1 The historical context 1.1 The English monetary system at the time of Ricardo Currency Banking 1.2 International monetary relations in Europe: London, Paris, Hamburg 1.3 From Hume to the Bullionist Controversy David Hume and James Steuart The Bullionist Controversy A central question: the role of note-issuing in monetary disorder 1.4 The first round of the Bullionist Controversy (1797‒1803) The search for analytical foundations Thornton’s Paper Credit of Great Britain Appendix 1: Ricardo on the bullion and foreign exchange markets 1. Ricardo contradicts Bosanquet on the rise of gold on the Continent 2. Ricardo contradicts Vansittart on the state of the exchange with Hamburg in 1760 2 Ricardo’s battles on currency and banks 2.1 Ricardo and the Bullion Controversy (1809‒1811) The second round of the Bullionist Controversy Ricardo’s positions 2.2 Ricardo and the resumption of convertibility (1816‒1823) The third round of the Bullionist Controversy Ricardo’s two plans 2.3 Conclusion: the legacy of Ricardo’s monetary battles Appendix 2: Attacks and weapons 1. Attacks: critical opinions on Ricardo 2. Weapons:

Reviews

Author Information

Ghislain Deleplace is Emeritus Professor of Economics at University Paris 8 at Saint-Denis, France. His fields of research are the history of monetary thought (Steuart, Ricardo, Marx, Keynes, Sraffa), the history of the international monetary system (sixteenth century, nineteenth century), and the Post-Keynesian theory of money.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List