“On Two Myths about Ricardo’s Theory of Money”
Résumé
The purpose of the paper is to challenge two widely-held myths about Ricardo’s theory of money and to suggest
between the value and the quantity of money owes nothing to a commodity-theory of money (Section 2) or to the Quantity Theory of Money (Section 3) but puts the market price of the standard of money centre-stage (Section 4). Ricardo’s applied pronouncements on money then appear as direct consequences of this theory (Section 5).
Publication: Deleplace, G. (2023 b), “On Some Myths about Ricardo’s Theory of Money,” in King, J. E. (ed.), The Anthem Companion to David Ricardo, London: Anthem Press: 9-28.
hal-04257033
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