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Agricultural Prices in the 1970's and the Quantity Theory of Money

Richard Barnett (), David Bessler () and Robert L. Thompson

No 279398, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The violent price surges experienced in sixteenth century Europe were attributed by Jean Bodin in his Les six livres de la Rgpublique (written in 1576) to: (1) the increase in the supply of gold and silver from the Spanish conquests in America; (2) the prevalence of monopolies; (3) depredations that reduced the stream of available commodities; (4) the expenditure of kings and princes on the objects of their desires; and (5) debasements (devaluations and fraudulent clipping of coins) of the currency.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 13
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279398

DOI: 10.22004/ag.econ.279398

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