John Locke and the Establishment of a Sound Currency

Walter Eltis
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Walter Eltis: Exeter College

Chapter 10 in Britain, Europe and EMU, 2000, pp 209-233 from Palgrave Macmillan

Abstract: Abstract We owe one of the first coherent statements of the relationship between the quantity of money and the price level to John Locke, who achieved distinction over a far wider range of professions than his philosophy, for which he is most honoured and remembered.

Keywords: Interest Rate; Price Level; Money Supply; Silver Content; Market Rate (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97755-2_10

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DOI: 10.1057/9780333977552_10

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