Outlines of a System of Political Economy (Reprints of economic classics)
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Book Details
Author(s)Thomas Joplin
PublisherAugustus M Kelley Pubs
ISBN / ASIN0678005907
ISBN-139780678005903
AvailabilityUsually ships in 24 hours
Sales Rank9,705,551
MarketplaceUnited States 🇺🇸
Description ▲
Joplin's treatise is noteworthy for its anticipation of principles of banking policy that were subsequently carried into effect by Peel's Act. Joplin also provided, unlike Henry Thornton, an explicit statement of the condition for stable equilibrium in the market for loanable funds. "Another significant but neglected Keynesian forerunner ... who, unlike Malthus, did treat saving as a function of income." M. Blaug Economic Theory in Retrospect