Ricardo on the Theory of Value and Money

Auteur

Susumu Takenaga is a Professor of Economics at Daito Bunka University, Japan. He has edited two books on David Ricardo: Ricardo and the History of Japanese Economic Thought (2016) and Ricardo on Money and Finance (2013, with Yuji Sato). This is his third book.

Texte du rabat

This book is a renovative research work on Ricardo's theory of value and of money, achieved through analysis of Ricardo's original writings. Providing new insights into essential aspects of Ricardo's economic theory as well as into the history of economic thought, this book will appeal to economic researchers.

Contenu

Contents

Introduction

1. Structure of David Ricardo's theory of value

2. A characterisation of Ricardo's theory of value - debates with Torrens and McCulloch on the modifications of value

3. The value of money: labour value theory and quantity theory in Ricardo's economic theory

4. Ricardo's Plans for the reform of monetary regime - bullion payment and establishment of a National Bank

5. Peel's Act of 1819 and subsequent changes in the monetary circulation

6. An aspect of Ricardo's theory of money - monetary issue and economic dynamics

References

Index