An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2) / Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
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About This Book
The work develops a systematic theory of domestic political economy for free states, analyzing production, population, agriculture, trade, industry, and especially money and coin. It treats gold and silver as ordinary commodities and money of account as a relative measure; explores how coinage, seigniorage, and minting costs influence prices and the bullion market; traces links between balance of trade, exchange rates, banking, circulation, public credit, and taxation; and offers practical discussion of monetary regulation, credit institutions, and fiscal arrangements to coordinate national commerce and public finance.
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