Thomas Tooke and the Monetary Thought of Classical Economics

AvMatthew Smith

Inbunden, Engelska, 2011

Del i serien Routledge Studies in the History of Economics

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Beskrivning

This study provides a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858). It clarifies Tooke’s monetary thought and its legacy to modern economics. The study shows Tooke possessed a rich and extensive political economy, covering many aspects of economic activity relevant to key policy issues. Tooke’s political economy is shown to be a unified and coherent body of intellectual thought in the classical tradition which, like most of his nineteenth-century contemporaries, was much influenced by Adam Smith’s economics. More particularly, Tooke’s monetary thought, especially his novel banking school theory, is shown to be theoretically coherent from the standpoint of nineteenth-century classical economics. It is also shown that besides contributing toward a better understanding of the behaviour of monetary systems in general, key elements of Tooke’s banking school theory make an important contribution to explaining distribution, growth and price inflation in modern economics.

Produktinformation

Utgivningsdatum:2011-03-02
Mått:156 x 234 x undefined mm
Vikt:750 g
Format:Inbunden
Språk:Engelska
Serie:Routledge Studies in the History of Economics
Antal sidor:320
Förlag:Taylor & Francis Ltd
ISBN:9780415583930

Utforska kategorier

Ekonomisk historia inom Ekonomi och Ledarskap

Mer om författaren

Matthew Smith is a Lecturer in Economics at the University of Sydney, Australia.

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Innehållsförteckning

1. Introduction 2. Tooke’s Contributions 3. Tooke’s Approach to Value and Distribution 4. An Explanation of Agricultural Price Movements 5. An Explanation of General Price Movements 6. The Monetary Thought of the Pre-Banking School Tooke, 1819-1838 7. The Monetary Thought of the Banking School Tooke, 1840-1857 8. Tooke’s Legacy

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