An Inquiry Into the Laws Which Regulate the Circulation and Distribution of Wealth

Excerpt from An Inquiry Into the Laws Which Regulate the Circulation and Distribution of Wealth: General principles which govern the production of wealth; The power of money in stimulating or retarding the production of wealth; Historical summary. Effects on the condition of society by an increase of the precious metals, whether from incidental or natural causes; The natural incapacity of gold or silver for - exchange - greatly increased by coining; Origin of money and debt. Their effect on the social condition of man; Reduction of the weight of coin - a measure of necessity resorted to by all nations, ancient and modern. Th relief only temporary; The precious metals however abundantly produced, never adequately fulfil the functions of money