Search Results for Law's system

.... Beach. 1934 . Some neglected monetary theories of John Law. American Economic Review 24 ( December ): 646 -57. White , Lawrence H. 1984 . Competitive payments systems and the unit of account. American Economic Review 74 ( September ): 699 -712. Wicksell , Knut . [ 1898 ] 1965...

...Larry Neal La politique du merveilleux: Une autre histoire du Système de Law (1695–1795) . By Orain Arnaud . Paris : Fayard , 2018 . 397 pp. €24.00 . Copyright © 2020 Duke University Press 2020 Book Reviews 199 The critical point here is that, grandiose as Petty s ideas were...

... , and Ronald Woods 1990 . Milton Friedman: Critical Assessment , 4 vols. London: Routledge. Economic Law and Economic Growth: Antitrust, Regulation, and the American Growth System. By George E. Garvey and Gerald J. Garvey. New York, West- port, and London: Greenwood Press, 1990. xv, 168 pp...

...Maxime Menuet; Patrick Villieu Abstract Few studies have focused specifically on the physiocratic analysis of money. The physiocrats' position was based on their criticism of Law's system and more broadly on the role of finance. First, they rejected the idea that a large amount of money...

... of the market discipline that throws any convertible issue in excess out of circulation. In addition to the description of the different channels of reflux inside the banking system (channels of the clearing mechanism may be described as the law of interbank reflux), the article extends the matrix of reflux...

... that accompanied it. Buffon radically reconceptualized the reproduction of living beings as a process governed by natural laws and not divine intervention. As the paper argues, the physiocrats’ political-economic system was based on precisely such a conception of the natural laws of reproduction, which...

.... Hoarding was an integral part of Say’s economic system that did not invalidate his law of outlets. Correspondence may be addressed to Guy Numa, Economics Department, Colorado State University, Campus Delivery 1771, Fort Collins, CO 80523-1771; email: [email protected] . Copyright 2020 by Duke...

..., first, to question the role of translations in the diffusion of economic ideas and, second, to better understand the relationship between a key component of the Saint-Simonians' economic theory—their ideas about the banking system—and Bentham's criticism of the usury laws that prevailed at the time. We...

...Jonathan B. Wiener How can we explain the emergence of property rights from their absence, in the face of incentives to overuse open-access resources and obstacles to collective agreement on property systems? Blackstone said “necessity begat property,” and Bentham said “property and law were born...

... of the price mechanism as an emergent property of the social system that is formed when people's (inter)actions are governed by a set of norms that includes both the formal rules of property and tort and contract law, and also informal norms of honesty and promise keeping. However, while several scholars have...

... prices obviously could not instantaneously drop proportionally, it was dis- advantageous to hold normal cash balances. Though socially unattainable, the universal attempt to minimize balances raised velocity. 8. Earl J. Hamilton, “Prices and Wages at Paris under John Law’s System,” Quarterly...

... contributions covering the contingencies mentioned above and emphasized that it was unacceptable to shift part of the costs of production of an in- dustry to the taxpayers through the poor-law system; cf. Engel 1866. Con- sequently, the first premise of Krebs’s proposal is that employers should...

... of Irish banking was limited by the mid-eighteenth century by the gentry’s dominance over the system. One of the most famous early international Irish bankers was Richard Cantillon. Antoin Murphy shows in a well-documented paper that Can- tillon was deeply involved in John Law’s system in Paris...

...? Was it perhaps one of the lawyers whom Cantillon used in his law- suits connected with Law’s system for whom he made the French translation of his work? Secondly, Murphy makes few references (see, for example, p. 251) to Cantillon’s famous statistical supplement to which Cantillon himself made refer...

... international Irish bankers was Richard Cantillon. Antoin Murphy shows in a well-documented paper that Can- tillon was deeply involved in John Law’s system in Paris. According to Murphy, it was this experience which allowed Cantillon to later conclude in his theoretical writing that monetary...

... role of the nineteenth century codifying legislation. Yet there is a huge contrast between a common law system, which is stable, and the annual flood of around 4,000 statutory instruments which, largely under EU auspices, now engulfs Britain. Burczak also exaggerates the creativity of judges...

... on economic actors to include analysis of the behavior of the legal system itself. Kitch presents an edited transcript of a discussion among many of the founders of law and economics at a conference held in 1981 on the history of law and economics at Chicago. This is a wonderful, if lengthy (seventy...

... on economic actors to include analysis of the behavior of the legal system itself. Kitch presents an edited transcript of a discussion among many of the founders of law and economics at a conference held in 1981 on the history of law and economics at Chicago. This is a wonderful, if lengthy (seventy...

... of the behavior of the legal system itself. Kitch presents an edited transcript of a discussion among many of the founders of law and economics at a conference held in 1981 on the history of law and economics at Chicago. This is a wonderful, if lengthy (seventy pages), explication of the devel- opment...

... that his view of the common law as a discovery process is romantic and neglects the vital role of the nineteenth century codifying legislation. Yet there is a huge contrast between a common law system, which is stable, and the annual flood of around 4,000 statutory instruments which, largely under EU...