Talk:Bullionism

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Latest comment: 14 years ago3 comments3 people in discussion

The Bullionism I learned about had nothing to do with mercantilism and the keeping of gold. Bullionism was a school of thought that held that a money-issuing bank will not cause inflation as long as it does not increase the amount of paper or credit money to a level above the amount of coin (bullion) that would have circulated in a purely metallic money system. The debate was most active from 1800-1810. David Ricardo was a prominent bullionist, while Charles Bosanquet was a prominent antibullionist. Google "bullionism new school CEPA" for more. I might delete this article and rewrite if I don't hear back from someone.128.125.38.162 18:52, 6 November 2006 (UTC)Reply

I don't think you should delete it. But if bullionism can mean different things, perhaps a disambiguation page is in order? Make a new page about the definition you know. --Oracleoftruth (talk) 18:43, 6 March 2008 (UTC)Reply

--- I think the text as in this version written is rendering the one-sided (polemic) attitude of A. Smith about the mercantile system. Compare with that:

"Smith's fundamental proposition that "money is not wealth" constituted his basic polemic against mercantilist doctrines. For the most part, however, Smith posed this particular argument against a mercantilist strawman of his own construction. What he lacked in 1763 in his attack on mercantilist analysis was (1) a theory of aggregate demand that clearly excluded the money supply als an independent variable and (2) a theory of aggregate supply in which the independent variable was unaffected by changes in the money supply."

Robert E. Eagly: The Structure of Classical Economic Theory. Oxford University Press, New York London Toronto 1974. p. 72.

See also: Joseph A. Schumpeter, (Elizabeth B. Schumpeter, Hg.): Geschichte der ökonomischen Analyse. Erster Teilband. Vandenhoeck Ruprecht Göttingen 1965. p. 448f., 453.

--Meffo (talk) 10:00, 20 April 2010 (UTC)Reply

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