John Locke and the Bank of England

Claude Roche is special advisor to the President Rector of the Catholic University of Lille. He began his career as a management consultant, specialising in the area of collective intelligence. In 2010, he joined the Catholic University and resumed his PhD thesis work, devoting himself to Locke’s economic thought.

Introduction; 1 The problem of thought posed by the creation of the Bank of England; 2 The theory of interest and the Natural Right; 3 From savings to financial regulation; 4 Excursus: from the credit function to the institution of money; 5 Money, pledge and Natural Right; 6 The par value and the monetary and financial system; Conclusion: the first step towards democracy