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Peter John Olivi: A Treatise on Contracts (c. 1295)

In: A Source Book on Early Monetary Thought

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Abstract

3,500 words. Olivi spells out the subjective utility theory of value. He states the theory of supply and demand. Olivi hints at the quantity theory of money by using gold in his analysis of supply and demand.

Suggested Citation

  • ., 2020. "Peter John Olivi: A Treatise on Contracts (c. 1295)," Chapters, in: Edward W. Fuller (ed.), A Source Book on Early Monetary Thought, chapter 8, pages 41-46, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19916_8
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