Francisco Garca: A Very General and Useful Treatise on Contracts (1583)

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Chapter 18 in A Source Book on Early Monetary Thought, 2020, pp 120-122 from Edward Elgar Publishing

Abstract: 1,500 words. Garcia outlines the utility theory of value and the theory of supply and demand. He states the quantity theory of money. Further, he applies the theory of marginal utility theory to money. He does not achieve the theory of diminishing marginal utility, but he points the way.

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