Money and trade considered : With a proposal for supplying the nation with…
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"Money and Trade Considered: With a Proposal for Supplying the Nation with Money" by John Law of Lauriston is an economics text published in 1705. Law proposes replacing Scotland's silver currency with paper money backed by land values, arguing that metal currency has become unstable due to New World silver flooding Europe. The work introduces groundbreaking economic concepts that would later influence Adam Smith and John Maynard Keynes. Though Scotland rejected his
proposal, Law implemented his ideas in France, creating a spectacular financial bubble that ultimately collapsed. (This is an automatically generated summary.)
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About this eBook
| Author | Law, John, 1671-1729 |
|---|---|
| Title | Money and trade considered : With a proposal for supplying the nation with money |
| Original Publication | United Kingdom: R. & A. Foulis, 1750. |
| Note | Wikipedia page about this book: en.wikipedia.org/wiki/Money_and_Trade_Considered |
| Credits | Emmanuel Ackerman, Evander Cobban and the Online Distributed Proofreading Team at www.pgdp.net (This file was produced from images generously made available by The Internet Archive) |
| Reading Level | Reading ease score: 70.7 (7th grade). Fairly easy to read. |
| Language | English |
| LoC Class | DA: History: General and Eastern Hemisphere: Great Britain, Ireland, Central Europe |
| LoC Class | HG: Social sciences: Finance |
| Subject | Currency question -- Great Britain |
| Subject | Banks and banking -- Scotland |
| Category | Text |
| eBook-No. | 70784 |
| Release Date | May 17, 2023 |
| Copyright | Public domain in the USA. |
| Downloads | 353 downloads in the last 30 days. |
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