ABSTRACT

Originally published in 1940, this book traces the development of theories concerning currency and credit from the beginning of the eighteenth century to the middle of the twentieth. It provides a comprehensive account of the political and economic conditions in which the theories and controversies arose, with the result that the work has become a classic in its field.

chapter 3|49 pages

Thornton, Ricardo, and the Bullion Report

chapter 9|51 pages

Theory of Central Banks of Issue