Thomas Tooke and the Monetary Thought of Classical Economics
Seiten
2011
Routledge (Verlag)
978-0-415-58393-0 (ISBN)
Routledge (Verlag)
978-0-415-58393-0 (ISBN)
The purpose of this book is to provide a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858) throwing new light on monetary analysis within the framework of classical economics.
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.
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.
Matthew Smith is a Lecturer in Economics at the University of Sydney, Australia.
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
Erscheint lt. Verlag | 2.3.2011 |
---|---|
Reihe/Serie | Routledge Studies in the History of Economics |
Zusatzinfo | 1 Tables, black and white; 4 Line drawings, black and white; 4 Illustrations, black and white |
Verlagsort | London |
Sprache | englisch |
Maße | 156 x 234 mm |
Gewicht | 750 g |
Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte |
Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
ISBN-10 | 0-415-58393-4 / 0415583934 |
ISBN-13 | 978-0-415-58393-0 / 9780415583930 |
Zustand | Neuware |
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