tag:blogger.com,1999:blog-1740670447258719504.post640118775012347353..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: More great economics from Ben FranklinEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1740670447258719504.post-10988587203227814002013-08-05T12:11:37.481-04:002013-08-05T12:11:37.481-04:00Mises remarks somewhere that gold mine owners are ...Mises remarks somewhere that gold mine owners are always in favour of a gold standard. Similarly, he mentions that printers are often in favour of paper money for the same reason and gives Franklin as an example.<br />Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-17405697618673099562013-08-05T08:43:20.292-04:002013-08-05T08:43:20.292-04:00I don't really know much about the real bills/...I don't really know much about the real bills/bullionist controversy stuff.<br /><br />I got Bowley's book at a used bookstore in DuPont Circle that I like to go to.Daniel Kuehnhttp://www.factsandotherstubbornthings.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-50708132894799449432013-08-05T08:41:05.961-04:002013-08-05T08:41:05.961-04:00Speaking of the history of economics...how read ar...Speaking of the history of economics...how read are you on the literature (for both primary and secondary sources) for the Real Bills Doctrine, Daniel? Thinkers that have been categorised as advocates of the Real Bills Doctrine include John Fullarton, Thomas Tooke, Simon Clement, Charles Bosanquet, John Law, and even Adam Smith.<br /><br />As I've said before in a comment on one of your earlier blog-posts (see the link below), the Real Bills Doctrine has an uncanny resemblance to Post-Keynesian formulations of endogenous money.<br /><br />http://factsandotherstubbornthings.blogspot.com/2013/05/a-thought-on-minsky-and-rothbard-that.html?showComment=1369905368141#c6106101841211835453<br /><br />In any case, it seems to me that liquidity preference manifests itself regardless of whether the money supply is completely "endogenous" or "exogenous", or whether the framework being used is the Real Bills Doctrine or the Quantity Theory of Money.<br /><br />Finally...how did you get that copy of Marian Bowley's book?Blue Aurorahttps://www.blogger.com/profile/02044362251868221897noreply@blogger.com