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Monetary Theory and Policy from Hume and Smith to Wicksell - Arnon, Arie (Ben-Gurion University of the Negev, Israel)

This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought.

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