MS Christina Laskaridis cl42@soas.ac.uk
Reseach Assistant
A Bicentenary Review of Ricardo’s Proposals for an Economical and Secure Currency
Laskaridis, Christina
Authors
Abstract
This year commemorates the bicentenary of one of David Ricardo’s lesser known publications, an 1816 pamphlet: Proposals for an Economical and Secure Currency. This paper explores the meaning and significance of this work and presents a variety of interpretations that have emerged about Ricardo’s monetary theory. The commonly held view is that monetary concerns were only of marginal importance to Ricardo. The paper discusses the context, content and response to Proposals in order to evaluate this commonly held view. Furthermore, the scheme Ricardo lays out in Proposals is intimately connected with international exchanges. The implications of rival interpretations of Ricardo’s monetary theory on how the balance of payments and gold movements are understood are explored.
Citation
Laskaridis, C. (2017). A Bicentenary Review of Ricardo’s Proposals for an Economical and Secure Currency. History of Economics Review, 65(1), 2-14. https://doi.org/10.1080/10370196.2016.1266727
Journal Article Type | Article |
---|---|
Acceptance Date | Nov 27, 2016 |
Online Publication Date | Jan 17, 2017 |
Publication Date | Jan 17, 2017 |
Deposit Date | May 4, 2020 |
Publicly Available Date | Sep 8, 2020 |
Journal | History of Economics Review |
Print ISSN | 1037-0196 |
Electronic ISSN | 1838-6318 |
Publisher | Taylor and Francis Group |
Peer Reviewed | Peer Reviewed |
Volume | 65 |
Issue | 1 |
Pages | 2-14 |
DOI | https://doi.org/10.1080/10370196.2016.1266727 |
Keywords | Real bills doctrine, Ricardo, ingot plan, resumption, inconvertible, international adjustment, monetary theory |
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Copyright Statement
© 2017 Taylor and Francis.
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