Ricardo on Money and Finance

Yuji Sato is Professor of Economics at Shonan Institute of Technology, Kanagawa, Japan. His previous positions include Associate Professor of Economics at Toyama University of International Studies, Toyama, Japan. A specialist in classical monetary theory and in classical economics, he has published articles on Adam Smith, Thomas R. Malthus, David Ricardo, and the history of monetary thought. He is the co-editor of Money and Finance in the History of Economic Thought.After having obtained a master degree in the faculty of economics of Osaka City University, Susumu Takenaga was in Paris for two years to study in the doctor course of the Paris University 10 (Nanterre) and received his Ph.D in economics in 1984 with a dissertation on the theory of value of Marx in relation with the classical theory. He is Professor at Daitobunka University in Tokyo since 1996, teaching the history of economics. His research interests are in the English classical economics including Smith and Ricardo, Marx and the history of Marxism, and also Keynesian and Post-Keynesian economics.

• Introduction, Yuji Sato, Susumu Takenaga; Part 1 Ricardo’s monetary theory in a historical context; Chapter 1 Monetary disequilibrium and the demand for money in Ricardo and Thornton, David Glasner; Chapter 2 Prices, value and seigniorage in Ricardo’s monetary economics, Jérôme de Boyer des Roches; Chapter 3 ::, Yuji Sato; Part 2 Aspects of Ricardo’s theory of money and finance; Chapter 4 The value of money, Susumu Takenaga; Chapter 5 The role of the standard in Ricardo’s theory of money, Ghislain Deleplace; Chapter 6 Interest rates, banking theory and monetary policy in Ricardo’s economics, Sylvie Diatkine; Chapter 7 Ricardo’s theory of central banking, Toshiaki Otomo; Part 3 The aftermath of Ricardo’s monetary thought; Chapter 8 Ricardo versus Tooke, Matthew Smith; Chapter 9 Interwar reflections on the balance of payments, Florencia Sember;