Download or read book Thomas Tooke and the Monetary Thought of Classical Economics written by Matthew Smith and published by Taylor & Francis. This book was released on 2011-03-07 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858), classical economist and influential monetary theorist. Its chief purpose is to examine Tooke’s contributions to political economy with the aim of bringing to light its unified nature and its important legacy to contemporary economics. In doing so the book aims to throw new light on monetary analysis within the framework of classical economics. There remains no comprehensive account of Tooke’s contributions that is concerned with showing his lasting and ongoing influence on the development of monetary thought. The book provides an interpretation and analytical study of Tooke’s political economy from the standpoint of the classical tradition. This enables a demonstration of how his constructive contribution throws a new light on monetary thought in this tradition.
Download or read book The Monetary Thought of Thomas Tooke written by Matthew Smith and published by . This book was released on 1994 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thomas Tooke written by Arie Arnon and published by University of Michigan Press. This book was released on 1991 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only comprehensive modern treatment of the work and thought of Thomas Tooke
Download or read book A Survey of Thomas Tooke s Contributions to Political Economy written by Matthew Smith and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The leading theorist of the banking school, the main author of the monumental six-volume History of Prices (1838-1857) and the author of the brilliant pamphlet, An Inquiry into the Currency Principle (1844), Thomas Tooke (1774-1858) can be rightfully counted among the most prominent figures in English nineteenth-century monetary thought. Aside from an impressive number of writings, Tooke gave evidence to ten parliamentary committees concerned with various economic policy issues between 1819 and 1848. But despite Tooke's considerable contribution, the literature is bereft of a comprehensive survey of his life and work. This paper endeavours partially to fill this void in the literature, by providing a biographical sketch of Tooke together with a chronological survey of all his contributions to political economy. In particular, the paper shows how most of Tooke's writings were motivated by debates over economic policy issues.
Download or read book Endogenous Money Interest and Prices written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1840s Thomas Tooke (1774-1858) developed novel monetary principles which formed the basis of the Banking School position. This article provides a systematic account of Tooke's banking school theory, central to which was his conception of 'endogenous money' and the causal relationship between the rate of interest, spending, and the price level. It is shown that in the context of 19th-century classical economics Tooke's banking school theory is much more coherent than has so far been appreciated in the literature. Indeed, it can be, and is, argued that Tooke's theory was a constructive alternative to the classicals' quantity theory of money.
Download or read book Thomas Tooke and Classical Monetary Economics written by Matthew Luke Smith and published by . This book was released on 1999 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Considerations on the State of the Currency written by Thomas Tooke and published by . This book was released on 2009-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
Download or read book Thomas Tooke and the Monetary Thought of Classical Economics written by Matthew Smith and published by Routledge. This book was released on 2011-03-07 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to provide a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858), classical economist and influential monetary theorist. Its chief purpose is to examine Tooke’s contributions to political economy with the aim of bringing to light its unified nature and its important legacy to contemporary economics. In doing so the book aims to throw new light on monetary analysis within the framework of classical economics. There remains no comprehensive account of Tooke’s contributions that is concerned with showing his lasting and ongoing influence on the development of monetary thought. The book provides an interpretation and analytical study of Tooke’s political economy from the standpoint of the classical tradition. This enables a demonstration of how his constructive contribution throws a new light on monetary thought in this tradition.
Download or read book The Transformation in Thomas Tooke s Monetary Theory Reconsidered written by Arie Arnon and published by . This book was released on 1981 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Considerations on the State of the Currency By Thomas Tooke written by and published by . This book was released on 1826 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thomas Tooke on Monetary Reform written by David E. W. Laidler and published by . This book was released on 1969 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thomas Tooke on the Bullionist Controversies written by Matthew Smith and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the position of Thomas Tooke (1774{u2013}1858) on the issues at the centre of the Bullionist controversies, which occurred during the restriction of cash payments by the Bank of England in the period 1797{u2013}1821. It shows that Tooke was a strong supporter of resumption and the gold standard, but that from the beginning, his monetary thought significantly differed from that of the Bullionists. The paper shows that Tooke's explanation of price inflation and the depreciation of the paper currency as well as his assessment of the Bank of England largely supported the position of the anti-Bullionists against the Bullionists.
Download or read book On Interest and Profit written by Matthew Smith and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that Thomas Tooke's (1773-1858) most important legacy to economics is not his conception of quot;endogenous moneyquot;, however important, but is instead his original proposition that the long-run quot;averagequot; rate of interest entered into the normal cost of production and, therefore, the normal prices of commodities, reflecting the notion that the interest rate systematically governs the normal rate of profit. The paper shows that this conception of an quot;autonomousquot; rate of interest advanced by Tooke contributes to overcoming the long-run neutrality of monetary forces which has traditionally characterized economic theory within the framework of quot;modernquot; classical analysis.
Download or read book The Evolution of Economic Ideas written by Phyllis Deane and published by Cambridge University Press. This book was released on 1978-10-05 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.
Download or read book Monetary Theory and Policy from Hume and Smith to Wicksell written by Arie Arnon and published by Cambridge University Press. This book was released on 2012-08-27 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit, and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output, and accumulation of wealth; and finally, what they thought about monetary policy. The book explores the analytical dimensions in the various monetary theories while emphasizing their policy consequences. The book highlights the work of a number of pioneering theoreticians. Among these Henry Thornton stands out, primarily because of his innovative analyzis of the complicated phenomena that developed after the introduction of an inconvertible monetary system in 1797. A major question addressed by the book is why theoreticians and policymakers were so resistant to his ideas for so many years.
Download or read book An Inquiry Into the Currency Principle written by Thomas Tooke and published by . This book was released on 1844 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A History of Prices and of the State of the Circulation by Thomas Tooke written by Thomas Tooke and published by . This book was released on 1838 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
