Locke đã giúp thuyết phục các cơ quan chính phủ không làm giảm giá trị tiền tệ của Anh và recoin sử dụng nội dung bạc quen. Tranh luận của ông rằng việc giảm các nội dung bạc của mỗi đồng xu (và sản xuất đồng tiền nhiều hơn) sẽ dẫn đến giá cao hơn, làm cho Locke một tiền thân quan trọng của lý thuyết số lượng tiền. | More free books @ RICHARD CANTILLON coins and thus the same silver content in exchange for goods. Although he entered this debate at a rather late stage Locke helped to convince government authorities not to devalue the British currency and to recoin using the accustomed silver content. His argument that reducing the silver content of each coin and producing more coins would lead to higher prices makes Locke an important forerunner of the quantity theory of money see also FISHER . However Locke has remained a key figure in economics primarily for the important philosophical contributions he made to economics. His justifications for private property and for letting economic activity take place without outside interference by government have been accepted by most economists throughout history even up to today. Works by Locke An Essay Concerning Human Understanding 1690a 2 vols. Dover 1959 Two Treatises of Government 1690b 2nd ed. New York Cambridge University Press 1953 Some Considerations of the Consequences of the Lowering of Interest and Raising the Value of Money 1691 in Locke 1696 Several Papers Relating to Money Interest and Trade 1696 New York Augustus 1968 Works about Locke Letwin W. The Origins of Scientific Economics London Methuen 1963 MacPherson . The Political Theory of Possessive Individualism Hobbes to Locke Oxford Clarendon Press 1962 Vaughn . John Locke Economist and Social Scientist London Athlone 1980 RICHARD CANTILLON 1687 -1734 Richard Cantillon pronounced KAN-till-LON is a mysterious and fascinating figure. Few details of his birth and youth are known and his financial activities as well as his death remain shrouded in controversy. Despite devoting most of his life to making money Cantillon wrote the first real economic treatise a study describing the interrelationships and workings of the economic system. He also contributed to monetary theory and was the first person to explain the important economic role .
