On Two Myths about Ricardo’s Theory of Money

Ghislain Deleplace ()
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Ghislain Deleplace: LED - Laboratoire d'Economie Dionysien - UP8 - Université Paris 8 Vincennes-Saint-Denis

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Abstract: The purpose of the paper is to challenge two widely-held myths about Ricardo's theory of money and to suggest between the value and the quantity of money owes nothing to a commodity-theory of money (Section 2) or to the Quantity Theory of Money (Section 3) but puts the market price of the standard of money centre-stage (Section 4). Ricardo's applied pronouncements on money then appear as direct consequences of this theory (Section 5). Publication: Deleplace, G. (2023 b), "On Some Myths about Ricardo's Theory of Money," in King, J. E. (ed.), The Anthem Companion to David Ricardo, London: Anthem Press: 9-28. hal-04257033

Keywords: Ricardo; David; Money; Standard; of; money; Quantity; theory; of; money; Monetary; policy (search for similar items in EconPapers)
Date: 2022-06-09
New Economics Papers: this item is included in nep-his, nep-hpe, nep-mon, nep-pay and nep-pke
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Published in 25th Annual Conference of the European Society for the History of Economic Thought, ESHET, Jun 2022, Padoue, Italy

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