2.6. The Increase and Decrease of the Quantity of Money in a State
Cantillon uses his price-specie flow mechanism to analyze some of the effects of inflation.
Value and Exchange
Displaying 351 - 360 of 923
3.5. The Augmentation and Diminution of the Denomination of Money
Raising and lowering the nominal value of money are methods by which the prince acquires resources by deceiving individuals about the value of money.
1.9. The Number of Laborers, Artisans, and Others, Who Work in a State, is Naturally Proportioned to the Demand for Them
Prosperity cannot be created by subsidizing job training.
1.12. All Classes and Individuals in a State Subsist or Grow Rich at the Expense of the Property Owners
Cantillon develops a circular-flow model of the economy that shows the distribution of farm production between property owners, farmers, and workers.
1.17. Metals and Money, and especially of Gold and Silver
Gold and silver hold many advantages over other goods, such as durability, divisibility, transportability, and homogeneity
2.3. The Circulation of Money
The circular flow model of the economy explains the implications of international trade.
2.7. Continuation of the same subject
Changes in the quantity of money will change relative prices and have real effects on the economy, a phenomenon now known as the "Cantillon Effects".
3.6. Banks and their Credit
Fractional-reserve banking is a system where the banks lend some of their deposits and earn interest, but it comes with risks.
