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.
| ISBN: | 9780865979673 |
| Publication date: | 31st October 2004 |
| Author: | David Ricardo |
| Publisher: | Liberty Fund an imprint of Liberty Fund Inc. |
| Format: | Paperback |
| Pagination: | 437 pages |
| Genres: |
Economics |
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.
Works & Correspondence of David Ricardo. Volume 3 Pamphlets & Papers, 1809-1811 features in the following genres: Economics
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Works & Correspondence of David Ricardo. Volume 3 Pamphlets & Papers, 1809-1811 was written by David Ricardo and published by Liberty Fund an imprint of Liberty Fund Inc.
Works & Correspondence of David Ricardo. Volume 3 Pamphlets & Papers, 1809-1811 has 437 pages