Ricardo and the Gold Standard - by Maria Cristina Marcuzzo & Annalisa Rosselli (Paperback)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br>Part 1 Ricardo's writings: gold, the exchnge rate and the quantity of money; the "Essay" and the "Proposals"; value and distribution; in Parliament. Part 2 Credit and currency: the English financial revolution; the banking system; currency circulation. Part 3 The value of money: the measure of the value of money; the invariable measure of value; absolute value and relative value of gold. Part 4 The quantity of money: alternative approaches; cost of production and equilibrium quantity of gold; the adjustment mechanisms of the quantity of money; price stability under the Gold Standard. Part 5 Trade and international finance: mercantile houses and merchant banks; the bill of exchange; subsidies; loans. Part 6 The gold market: international payments; the London gold market; the export and import of gold. Part 7 The Foreign Exchange market: the price of gold; the rate of exchange; the exchange rate between London and Hamburg. Part 8 The theory of the Gold Standard: the "Redundancy of Currency"; stable and unstable monetary regimes; stopping rule for gold movements; Ricardo's method. part 9 Ricardo and his time: gold as a commodity; the theory of unilateral transfer; market and money.
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