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The Elements of Political Economy

The Elements of Political Economy

The Elements of Political Economy

Henry Dunning MacLeod

28,85 €
IVA incluido
Disponible
Editorial:
Cosimo
Año de edición:
2007
Materia
Historia de la economía
ISBN:
9781602069794
28,85 €
IVA incluido
Disponible

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Sobre IBD

Though not as well remembered as other economists of the period, Scottish economist HENRY DUNNING MACLEOD (1821-1902) was the first to fully explore theories of credit, developing a theory of money that flowed from a theory of credit (the standard was to do the other way around), and is considered to have coined the term 'Gresham’s law' to describe the results of the under- and overvaluation of money.Here, in his 1858 classic, Macleod discusses everything from the nature and limits of political economy and the origin of the discipline to the best material for a currency, the distinction between wealth and resources, the true source of value, and much, much more.This is essential reading for anyone seeking a full understanding of the development of economic theories in the 19th century.

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