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Book Reviews

Ricardo on money. A reappraisal

edited by Ghislain Deleplace, Routledge: Abingdon, 2017, pp. 434. £110 hardback, ISBN 0415661587.

Pages 347-350 | Published online: 20 Mar 2020
 

Notes

1 Under inconvertibility, the value of money is no longer regulated by a standard. And therefore, money supply is exogenously given, while pgb/gc is determined by the relative scarcity of money, following the usual interpretation of QTM (p. 214).

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