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Monetary Theory Before Adam Smith
Hardcover
ISBN13: 9781025847290
Publisher: Tradd Street Press
Published: Feb 14 2026
Pages: 330
Weight: 1.41
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
Monetary Theory Before Adam Smith is a comprehensive survey of the evolution of economic thought regarding money and credit prior to the publication of the Wealth of Nations. Arthur Eli Monroe meticulously traces the development of monetary concepts from the contributions of ancient Greek and Roman philosophers through the Middle Ages, the Renaissance, and the era of the Mercantilists.
The work explores critical themes such as the origin and functions of money, the nature of value, theories of interest, and the early debates surrounding currency debasement and bimetallism. By examining the writings of the Scholastics and the influential thinkers of the seventeenth and eighteenth centuries, Monroe demonstrates how early theories shaped the foundations of classical economics. This scholarly analysis provides essential insight into how the understanding of medium of exchange, capital, and price levels transitioned from moral philosophy to a structured economic science. It serves as an invaluable resource for students and historians interested in the intellectual roots of financial systems and the pre-classical period of economic history.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.
This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.
As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
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