Ricardo on Money

Ghislain Deleplace is Emeritus Professor of Economics at University Paris 8 at Saint-Denis, France. His fields of research are the history of monetary thought (Steuart, Ricardo, Marx, Keynes, Sraffa), the history of the international monetary system (sixteenth century, nineteenth century), and the Post-Keynesian theory of money.

List of tables Acknowledgements Introduction 1. Why a book on Ricardo on money? Revaluation Rehabilitation Completeness Relevance 2. An evolution in Ricardo’s theory of money The relation with the theory of value and distribution Ricardo’s mature theory of money in brief 3. The content of the book: history, theory, policy Part I. History Part II. Theory Part III. Policy 4. Two hundred years after PART I History 1 The historical context 1.1 The English monetary system at the time of Ricardo Currency Banking 1.2 International monetary relations in Europe: London, Paris, Hamburg 1.3 From Hume to the Bullionist Controversy David Hume and James Steuart The Bullionist Controversy A central question: the role of note-issuing in monetary disorder 1.4 The first round of the Bullionist Controversy (1797?1803) The search for analytical foundations Thornton’s Paper Credit of Great Britain Appendix 1: Ricardo on the bullion and foreign exchange markets 1. Ricardo contradicts Bosanquet on the rise of gold on the Continent 2. Ricardo contradicts Vansittart on the state of the exchange with Hamburg in 1760 2 Ricardo’s battles on currency and banks 2.1 Ricardo and the Bullion Controversy (1809?1811) The second round of the Bullionist Controversy Ricardo’s positions 2.2 Ricardo and the resumption of convertibility (1816?1823) The third round of the Bullionist Controversy Ricardo’s two plans 2.3 Conclusion: the legacy of Ricardo’s monetary battles Appendix 2: Attacks and weapons 1. Attacks: critical opinions on Ricardo 2. Weapons: