Synopses & Reviews
This volume focuses on Ricardo's shorter essays printed in the
Morning Chronicle, which deal exclusively with his thoughts on the inflationary monetary policy of the Bank of England and Britain's consequent Bullion Crises. In these essays, the genesis of Ricardo's theory of "hard money" emerges as a tool to hedge against inflation using metallic currency. The Bullion Committee, created by the House of Commons in 1819, subsequently adopted his recommendations. His writings here gave rise to the currency school of hard money.
The entire series includes:
Volume 1: On the Principles of Political Economy and Taxation
Volume 2: Notes on Malthuss Principles of Political Economy
Volume 3: Pamphlets and Papers 1809-1811
Volume 4: Pamphlets and Papers 1815-1823
Volume 5: Speeches and Evidence
Volume 6: Letters 1810-1815
Volume 7: Letters 1816-1818
Volume 8: Letters 1819-1821
Volume 9: Letters 1821-1823
Volume 10: Biographical Miscellany
Volume 11: General Index