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The Monetary Economics of Jean-Baptiste Say: Intellectual Predecessor of the Austrian School.
- Source :
- Cosmos + Taxis; 2023, Vol. 11 Issue 7/8, p68-79, 12p
- Publication Year :
- 2023
-
Abstract
- This paper seeks to provide a comprehensive analysis of the monetary theory of Jean-Baptiste Say with respect to the Austrian School. Reference is given to the historical context and methodology utilized by Say in his Treatise before pivoting to an examination of his writings on money and banking. Thorough documentation and analysis are undertaken on Say's views of the emergence and nature of money, monetary phenomena, the role of the state, and banking practices. Lastly, critiques of Say's Law are addressed within the context of Say's monetary theory in addition to various business cycle theories. Ultimately, this paper seeks to explain that while Say was not a complete Austrian, a comprehensive study of his monetary theory illuminates meaningful contributions and insights that reveal the Austrian School as the intellectual heir of Say's work. [ABSTRACT FROM AUTHOR]
- Subjects :
- MONETARY theory
BUSINESS cycles
DOCUMENTATION
Subjects
Details
- Language :
- English
- ISSN :
- 22915079
- Volume :
- 11
- Issue :
- 7/8
- Database :
- Complementary Index
- Journal :
- Cosmos + Taxis
- Publication Type :
- Academic Journal
- Accession number :
- 164699860