Add to ORKGDavid Hume opposes banks and favors hoarding. The only bank he reluctantly approves of is a public, 100% reserve bank. Other banks increase money supply and prices, hindering exports and economic growth. For Hume, a 100% reserve public bank would lead to ‘‘the destruction of paper-credit’’ ([1752] 1985, p. 285), fostering economic growth instead by preventing inflation. Additionally, a 100% reserve bank hoards a large quantity of gold and silver, which is available in case of national emergency
It is generaly admitted that Hume either founded Economic Liberalism (according to Df Deleule) or wa...
Throughout modern history and especially in the last century, business cycles, inflation, and bankin...
Larry Sjaastad has done what is hard to do. He has written a provocative paper on a subject that has...
Monetary policy is a modern idea of which David Hume is generally considered a precursor. Moreover, ...
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep...
In his essay Of Public Credit, David Hume argues against the institutionalization of public credit. ...
David Hume’s monetary theory has three standard yet inconsistent readings. As a forefather of the qu...
In my last paper I have discussed on Tooke’s criticism in his History on Joseph Hume\u27s view on m...
While Hume had a favorable opinion of the new commercial society, Reid envisioned a utopian system t...
Hume’s contribution to modern economics is normally thought of in terms of his early statement of th...
Proposals for full reserve banking have been put forward as a radical way of preventing further fina...
This is a review of a recently published book on Hume's economics, written by two leading historians...
For a class of standard and widely-used preferences, a one-shot money injection in a standard matchi...
In Safe Banking, Professor Adam Levitin joins a venerable tradition in the money and banking literat...
Although intellectual historians have long established that the evolution of national debt had a dec...
It is generaly admitted that Hume either founded Economic Liberalism (according to Df Deleule) or wa...
Throughout modern history and especially in the last century, business cycles, inflation, and bankin...
Larry Sjaastad has done what is hard to do. He has written a provocative paper on a subject that has...
Monetary policy is a modern idea of which David Hume is generally considered a precursor. Moreover, ...
In his 1752 essay Of Money, David Hume proposes that a good policy for a magistrate would be to keep...
In his essay Of Public Credit, David Hume argues against the institutionalization of public credit. ...
David Hume’s monetary theory has three standard yet inconsistent readings. As a forefather of the qu...
In my last paper I have discussed on Tooke’s criticism in his History on Joseph Hume\u27s view on m...
While Hume had a favorable opinion of the new commercial society, Reid envisioned a utopian system t...
Hume’s contribution to modern economics is normally thought of in terms of his early statement of th...
Proposals for full reserve banking have been put forward as a radical way of preventing further fina...
This is a review of a recently published book on Hume's economics, written by two leading historians...
For a class of standard and widely-used preferences, a one-shot money injection in a standard matchi...
In Safe Banking, Professor Adam Levitin joins a venerable tradition in the money and banking literat...
Although intellectual historians have long established that the evolution of national debt had a dec...
It is generaly admitted that Hume either founded Economic Liberalism (according to Df Deleule) or wa...
Throughout modern history and especially in the last century, business cycles, inflation, and bankin...
Larry Sjaastad has done what is hard to do. He has written a provocative paper on a subject that has...