Money and trade considered : With a proposal for supplying the nation with…
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242
Law, John, 1671-1729
English
"Money and Trade Considered: With a Proposal for Supplying the Nation with Money" by John Law of Lauriston is an economics text published in 1705. Law proposes replacing Scotland's silver currency with paper money backed by land values, arguing that metal currency has become unstable due to New World silver flooding Europe. The work introduces grou...
proposal, Law implemented his ideas in France, creating a spectacular financial bubble that ultimately collapsed. (This is an automatically generated summary.)
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Brian Thomas
2 months agoComprehensive and well-researched.