English, Article edition: Ricardo's monetary policy and the currency principle Sylvie DIATKINE

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/5541
Physical Description
  • article
Language
  • English

Edition details

Title
  • Ricardo's monetary policy and the currency principle
Author
  • Sylvie DIATKINE
Physical Description
  • article
Notes
  • We show that David Ricardo's proposals from 1816 to 1823 for reforming the British monetary and banking system aim at defining a specific monetary policy which in rather important points is different from the one that will be implemented in 1844, the latter following the Currency School recommendations. According to Ricardo, currency only composed of banknotes convertible into bullion, should be issued by the State, that is to say a "national public bank", independent from the government but which neither lends nor behaves as a central bank. It is only responsible for the stability of the value of paper money through its intervening on the gold market. It is subject to price rules and not quantity rules or reserve requirements and this is why it can pursue an active policy which permits a flexible supply of money through an open market policy.
  • RePEc:cpo:journl:y:2008:i:55:p:35-48
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment