Martn de Azpilcueta: On Exchange (1556)

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Chapter 15 in A Source Book on Early Monetary Thought, 2020, pp 105-112 from Edward Elgar Publishing

Abstract: 5,300 words. Azpilcueta makes the first explicit statement of the quantity theory of money. Beyond that, he states the purchasing-power-parity theory of exchange rates for the first time.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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