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)
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)
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