IDEAS home Printed from https://ideas.repec.org/a/taf/eujhet/v23y2016i3p453-477.html
   My bibliography  Save this article

The monetary economics of Jules Dupuit

Author

Listed:
  • Guy Numa

Abstract

This paper analyses Dupuit's views on money, bimetallism, free banking and credit. By means of textual and contextual analysis, I argue that Dupuit endorsed the quantity theory based on the neutrality of money. For him, the value of money was determined by supply and demand. The only exception concerned the redistributive effects of gold between trading nations. Dupuit's approach to credit and his views on the issuance of banknotes were distinct from those of most French liberals. He did not consider credit to be capital, and he warned against the overissue of banknotes.

Suggested Citation

  • Guy Numa, 2016. "The monetary economics of Jules Dupuit," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 23(3), pages 453-477, June.
    • Handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:453-477
    DOI: 10.1080/09672567.2014.951673
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09672567.2014.951673
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09672567.2014.951673?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:ucp:bkecon:9780226199993 is not listed on IDEAS
    2. Einaudi, Luca, 2001. "Money and Politics: European Monetary Unification and the International Gold Standard (1865-1873)," OUP Catalogue, Oxford University Press, number 9780199243662.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. António Portugal Duarte & João Sousa Andrade, 2012. "How the Gold Standard functioned in Portugal: an analysis of some macroeconomic aspects," Applied Economics, Taylor & Francis Journals, vol. 44(5), pages 617-629, February.
    2. Luca Einaudi, 2021. "The European Project between Progressive Evolution and Sudden Discontinuity: A Long Term Historical Assessment," Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science, Fondazione Luigi Einaudi, Torino (Italy), vol. 55(2), pages 105-128, December.
    3. Tunçer, Coşkun, 2012. "Monetary sovereignty during the classical gold standard era: the Ottoman Empire and Europe, 1880-1913," Economic History Working Papers 44725, London School of Economics and Political Science, Department of Economic History.
    4. Christopher M. Meissner, 2003. "Exchange-Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era," American Economic Review, American Economic Association, vol. 93(1), pages 344-353, March.
    5. Ögren, Anders, 2019. "Currency Unions," Lund Papers in Economic History 204, Lund University, Department of Economic History.
    6. Nikolay Nenovsky & Pencho Penchev, 2018. "Between Enthusiasm and Skepticism: Bulgarian Economists and Europe (1878-1944)," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2018(1), pages 27-55.
    7. Marc Flandreau, Kim Oosterlinck, 2011. "Was the Emergence of the International Gold Standard Expected? Melodramatic Evidence from Indian Government Securities," IHEID Working Papers 01-2011, Economics Section, The Graduate Institute of International Studies.
    8. Luca Einaudi, 2018. "A Historical Perspective on the Euro: the Latin Monetary Union (1865–1926)," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(03), pages 17-20, November.
    9. repec:ces:ifodic:v:16:y:2018:i:3:p:50000000003755 is not listed on IDEAS
    10. Flandreau, Marc & Oosterlinck, Kim, 2012. "Was the emergence of the international gold standard expected? Evidence from Indian Government securities," Journal of Monetary Economics, Elsevier, vol. 59(7), pages 649-669.
    11. Ali Coskun Tunçer, 2013. "The Black Swan of the Golden Periphery: The Ottoman Empire during the Classical Gold Standard Era," Working Papers 8, Department of Economic and Social History at the University of Cambridge.
    12. John Ryan & John Loughlin, 2018. "Lessons from historical monetary unions - is the European monetary union making the same mistakes?," International Economics and Economic Policy, Springer, vol. 15(4), pages 709-725, October.
    13. Jacopo Timini, 2018. "Currency unions and heterogeneous trade effects: the case of the Latin Monetary Union [Bilateral treaties and the most-favored-nation clause: the myth of trade liberalization in the nineteenth cent," European Review of Economic History, European Historical Economics Society, vol. 22(3), pages 322-348.
    14. Eichengreen, Barry, 2008. "Sui Generis EMU," CEPR Discussion Papers 6642, C.E.P.R. Discussion Papers.
    15. Grahame Thompson, 2011. "Financial Globalization? History, Conditions and Prospects," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Second Edition, chapter 2, Edward Elgar Publishing.
    16. Roger Vicquéry, 2021. "The Common Currency Effect on International Trade: Evidence from an Accidental Monetary Union," Working papers 856, Banque de France.
    17. Michael D. Bordo & Harold James, 2008. "A Long Term Perspective on the Euro," NBER Working Papers 13815, National Bureau of Economic Research, Inc.
    18. Anders Ravn S�rensen, 2013. "Monetary romanticism: nationalist rhetoric and monetary organisation in nineteenth-century Denmark," Scandinavian Economic History Review, Taylor & Francis Journals, vol. 61(3), pages 209-232, November.
    19. Michael Bordo & Harold James, 2006. "One world money, then and now," International Economics and Economic Policy, Springer, vol. 3(3), pages 395-407, December.
    20. Andrea Terzi, 2014. "When Good Intentions Pave the Road to Hell: Monetization Fears and Europe's Narrowing Options," Economics Working Paper Archive wp_810, Levy Economics Institute.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eujhet:v:23:y:2016:i:3:p:453-477. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REJH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.