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Money and Trade Considered (Annotated)With a Proposal for Supplying the Nation with Money
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Whether remembered as a monetary theorist, charlatan, gambler, murderer, or spy, John Law undoubtedly remains one of the most colorful and enigmatic individuals ever to grace the pages of history.
Law's classic 1705 essay, Money and Trade Considered, represents one of the most impactful early economics texts, influencing the likes of Richard Cantillon, Adam Smith, and John Maynard Keynes. With extraordinary clarity of expression, Law solves the diamond-water paradox, defines the effects of supply and demand on price, and proposes a new system of banking involving the issue of paper money as a means to stimulate the economy.
Joseph Schumpeter, Austrian political economist and Harvard professor, writes, "John Law (1671-1729) I have always felt in a class by himself. He worked out the economics of his projects with a brilliance and, yes, profundity, which places him in the front ranks of monetary theorists of all time."
Provided in this annotated version: Detailed footnotes providing historical context and the definitions of archaic terminology A biography of John Law
Also by John Law:
Essay on a Land Bank (www.amazon.com/dp/B09QSVRSX8)
A memoir to prove that a new kind of money is superior to gold and silver (www.amazon.com/dp/B09QLP1NPX)
Genre: Business & Money, Economics
Format: Paperback
Published: 2021
Pages: 128
Publisher: Independently published
ISBN: 9798547239953
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Condition Descriptions
Our conditions mean the following:
- New - a brand new book
- Almost New - appears new but is actually secondhand.
- Very Good - only minor imperfections such as minor scuffs to edge or cover or a price written in pencil or shop sticker.
- Standard Secondhand - Clearly been read before, but not too bad. We do not recommend these for gifting. Spines usually creased. Could also include creases or folds to cover, some writing such as in the cover or elsewhere, underlining or highlighting, but might not do. Possibly some stains or marks. Similar in general to books in any secondhand shop or charity shop.
- Poor Condition - Usually this will have a specific problem such as writing inside, water damage, missing dust jacket, heavy staining, large creases or cuts. These are readable copies but not nice ones. On other websites this condition is called 'Acceptable' or 'Fair' , but we want to be more honest.
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