proposals economical secure currency von ricardo david (11 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

HRD. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: Brand New. 138 pages. 8.35x5.43x0.47 inches. In Stock.

Gebunden. Zustand: New.

Taschenbuch. Zustand: Neu. Neuware.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - David Ricardo's work on currency was published in 1816, and this second edition appeared in the same year. Enormously successful as a stockbroker, Ricardo (1772-1823) was able to lead the life of a wealthy country squire, while his intellectual interests caused him to move in the circles of Thomas Malthus and James Mill. Written at the urging of the Cornish businessman Pascoe Grenfell, MP, who shared Ricardo's interest in financial matters, this work considers the problem of the national debt, in the context of paper money and whether it should in principle be exchanged at face value for gold bullion rather than for minted coins. Ricardo was very concerned at the large profits being made by the Bank of England in its dealings with the government, and suggests here the creation of an independent central bank, a proposal to which he later returned.

Buch. Zustand: Neu. Neuware.

Hardcover. Zustand: Near fine. First Edition. 126 p. 22 cm. Bound in half leather with marbled paper boards, gilt trim. New endpapers. Some light occasional spotting but overall very clean and neat. A beautiful copy. In August 1815, Pascoe Grenfell, an influential speaker on financial questions in Britain's House of Commons, asked David Ricardo to help him in his Parliamentary battle against the excessive profits of the Bank of England. Ricardo, who concurred that the Bank's profits should be shared with the public, agreed to assist him. By September 1815 he had written this book, which was published in February 1816, shortly before the debate on Grenfells' motion on the Bank. The book contains a detailed account of Richardo's plan to make the Bank of England resume cash payments by making its notes convertible to gold ingots instead of coins. Ths would have allowed Britain to go back to the gold standard but to use paper as the actual means of payments. This plan was in fact adopted in 1821 and the book gave Ricardo long-lasting fame. Kress B.6787. Goldsmiths 21537. Franklin and Legman p. 3. HBS 66874.

London: Printed for John Murray, 1816. First edition, uncut. Presentation copy, inscribed by the author (?) on the half-title: "From the Author." Octavo. [4], 126, [1, blank], [1, printer's imprint], [4, advertisements] pp. Modern antique-style calf. Occasional light foxing. Housed in a custom full brown morocco clamshell, gilt-stamped. "In August 1815.P. Grenfell, an influential speaker on financial questions, asked Ricardo to help him in his Parliamentary battle against what he regarded as the excessive profits of the Bank of England. Ricardo, who thought the Bank as 'an unnecessary establishment getting rich by those profits which fairly belong to the public'.responded positively and by September had written a pamphlet, Proposals for an Economical and Secure Currency, which was published in February 1816, shortly before the debate on Grenfell's motion on the Bank. This pamphlet contained a detailed account of his plan to make the Bank of England resume cash payments by making its notes convertible to gold ingots, instead of coins. This would have allowed Britain to go back to the gold standard, but to use paper as the actual means of payments. This plan Ricardo had first outlined in the Appendix to The High Price of Bullion, and submitted to both Government and Opposition.It was to receive much attention in 1819, when the decision was taken to return to a gold standard, and it was in fact adopted, and implemented in 1821, when the resumption of cash payments actually took place.It gave Ricardo a long-lasting fame" (The New Palgrave IV, pp. 184-185). This is a particularly scarce pamphlet. The last copy to come up at auction other than this copy was in 1979. We located no other inscribed copies of any Ricardo title at auction, going back to 1915. Kress B.6787. Goldsmiths' 21537. Franklin and Legman, p. 3. HBS 66874. $13,500.