Overview
David Ricardo, one of the major figures in the history of economic thought, particularly in the English classical political economy, deployed his activities as economist just two hundreds of years ago. Since then his economics has been generally estimated as the culminating point of the classical economics, and his name and theory has been exerting an enduring influence up to the present. This book, consisting of articles contributed by historians economic thought on money and finance, intends to reappraise the Ricardoās monetary and financial thought on the occasion of its bicentenary and to offer historical clues to understanding todayās world wide financial crisis.
The book consists ofĀ eight chapters divided intoĀ three parts. The first part is devoted to the historical back ground of Ricardoās thought (Hume, Smith, Thornton etc). It serves to bring in relief the originality of Ricardoās thought in the historical context. The second and central part consists ofĀ four chapters discussing the most important aspects of Ricardoās monetary thought: Ricardo and quantity theory of money, the ideal monetary regime conceived by Ricardo very early in his career and matured till the last moment of his life, plan for the establishment of a national bank. In this part, the relation between the quantity of money and its value in Ricardoās theory is examined in a new light and Ricardo as a non-quantity theorist. The two chapters in the third and last part discuss the problems raised after Ricardo in relation to his monetary thought.
TracingĀ Ricardo'sĀ economic thought to the early 19th century, this book may provideĀ readers insight toĀ help them understand the present day financial crises through his works.
This book title, Ricardo on Money and Finance (A Bicentenary Reappraisal), ISBN: 9781138914780, by Yuji Sato, Susumu Takenaga, published by Taylor & Francis (June 25, 2015) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.
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