This paper surveys the literature of the Bullionist controversy which dominated the development of Classical monetary economics between 1797 and the early 1820s. It highlights the contributions of Henry Thornton to the early phase of the debate, particularly his refutation of the Real Bill...

New institutional economics lacks a theory of state formation which could help us to deal with the mega question of why some states became more efficient than others at establishing and and sustaining institutions. Some kind of middle range theory could be formulated based upon historical case...

Adam Smith proposed three contradictory theories of the British Empire in the Wealth of Nations. The first view holds that the empire was created for merchants eager to monopolize the colonial trade. Smith concludes that “Great Britain derives nothing but loss” from the colonies. In the...

Ce livre a pour objectif la redécouverte de la théorie de la valeur du philosophe autrichien Christian von Ehrenfels; et l'analyse de la possible utilisation de sa théorie dans les sciences économiques actuelles. Après avoir fait connaissance avec Christian von Ehrenfels, l'accent est mis...