Money and trade considered cover

Money and trade considered

by John Law

3.5/5
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About This Book

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 m...

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