Lus Saravia de la Calle: Instructions for Merchants (1544)

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Chapter 14 in A Source Book on Early Monetary Thought, 2020, pp 103-104 from Edward Elgar Publishing

Abstract: 1,100 words. Saravia de la Calle states the law of supply and demand. He argues that changes in the money supply affect prices by enhancing demand. Thus, he points the way to the quantity theory of money.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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