Economic Thought in Spain: Selected Essays of Marjorie Grice-Hutchinson

This study examines the important contribution that Spanish economic writers have made over the centuries. Gathering under one cover major papers, this book presents a fuller explanation of the author's argument that a "Salamancan School" in the 16th century pioneered a utility and scarity approach in value theory that led naturally, if not logically, to a rich statement of the quantity theory of money well in advance of any other writers such as Bodin. It also features her work on other elements of economic thought in Spain, such as the peculiar brand of Spanish Mercantilism found in the 17th century. "Economic Thought in Spain" provides for the integration of the Spainsh contribution into the wider history of economic theory.