A Source Book on Early Monetary Thought: Writings on Money Before Adam Smith
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This volume contains thirty-seven contributions from the most significant early developers of monetary economics. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like Thomas Aquinas, Martin de Azpilcueta, John Locke, Richard Cantillon, David Hume, and A.R.J Turgot. Also included are the first translations of Jean Buridans writings on money and of Albert the Greats writings on money from Latin. A Source Book on Early Monetary Theory will be of interest to bankers, historians, and macroeconomists and can be used as a supplementary text on courses in macroeconomics, money and banking, and the history of economic thought. Contents Foreword • Jesús Huerta de Soto Foreword • Joseph T. Salerno Acknowledgments 1 Introduction: The Aristotelian Monetary Tradition • Edward W. Fuller 2 Aristotle: Nicomachean Ethics (c. 350 BC) 3 Aristotle: Politics (c. 350 BC) 4 Albert the Great: Commentary on Aristotle’s Nicomachean Ethics (c. 1262) 5 Albert the Great: Commentary on Aristotle’s Politics (c. 1263) 6 Thomas Aquinas: Commentary on Aristotle’s Nicomachean Ethics (c. 1271) 7 Thomas Aquinas: Commentary on Aristotle’s Politics (c. 1272) 8 Peter John Olivi: A Treatise on Contracts (c. 1295) 9 Jean Buridan: Commentary on Aristotle’s Nicomachean Ethics (c. 1336) 10 Jean Buridan: Commentary on Aristotle’s Politics (c. 1349) 11 Nicholas Oresme: Treatise on Money (1358) 12 Gabriel Biel: On the Power and Utility of Moneys (1495) 13 Copernicus: Essay on the Coinage of Money (1526) 14 Luís Saravia de la Calle: Instructions for Merchants (1544) 15 Martín de Azpilcueta: On Exchange (1556) 16 Tomás de Mercado: Manual of Deals and Contracts (1569) 17 Sir Thomas Smith: A Discourse of the Commonweal of this Realm of England (1581) 18 Francisco García: A Very General and Useful Treatise on Contracts (1583) 19 Bernardo Davanzati: A Discourse upon Coins (1588) 20 Luís de Molina: A Treatise on Money (1597) 21 Leonard Lessius: On Buying and Selling (1605) 22 Juan de Mariana: A Treatise on the Alteration of Money (1609) 23 Hugo Grotius: The Rights of War and Peace (1625) 24 Samuel Pufendorf: The Elements of Universal Jurisprudence (1660) 25 Samuel Pufendorf: The Whole Duty of Man (1673) 26 John Locke: Some Considerations of the Consequences of the Lowering of Interest, and Raising the Value of Money (1691) 27 Dudley North: Discourses upon Trade (1691) 28 Isaac Gervaise: The System or Theory of the Trade of the World (1720) 29 Richard Cantillon: An Essay on Economic Theory (1730) 30 Jacob Vanderlint: Money Answers All Things (1734) 31 Francis Hutcheson: Philosophiae Moralis Institutio Compendiaria (1747) 32 Ferdinando Galiani: On Money (1751) 33 David Hume: Of Money (1752) 34 David Hume: Of Interest (1752) 35 David Hume: Of the Balance of Trade (1752) 36 Joseph Harris: An Essay upon Money and Coins (1757–58) 37 A.R.J. Turgot: Reflections on the Formation and Distribution of Wealth (1766) 38 Étienne Bonnot de Condillac: Commerce and Government Considered in Their Mutual Relationship (1776) Index
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