著者

奥田 聡

出版者

The Japanese Society for the History of Economic Thought

雑誌

経済学史学会年報 (ISSN:04534786)

巻号頁・発行日

vol.37, no.37, pp.1-13, 1999 (Released:2010-08-05)

参考文献数

39

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Throughout the eighteenth century, as many economic historians have remarked, the financial markets in Northwestern Europe became integrated. Many studies have been conducted on the monetary theory and policy of that time. However, few studies have been done on monetary thought in this particular historical context. The purpose of this article is to present an alternative point of view from which to study the monetary thought of that age. First, based on recent studies, we surveyed the time period of financial crisis spanning from the Mississippi Bubble to the suspension of the Bank of England in order to ascertain the financial circumstances of that time. Second, we also surveyed studies on monetary thought of the contemporary theorists related to movement of capital and circulation of paper money. Finally, we reassert the importance of such a point of view in the historical context.