| Titre | John Law, précurseur de Keynés et théoricien du circuit ? | |
|---|---|---|
| Auteur | Marie-Thérèse Boyer-Xambeu | |
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Revue | Cahiers d'économie politique |
| Numéro | no 13, printemps 1987 Conceptions de la monnaie : un enjeu théorique | |
| Rubrique / Thématique | Conception de la monnaie : un enjeu théorique |
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| Page | 105-129 | |
| Résumé anglais |
After having clarified John Law's metal list paradox as stated by Schumpeter, it will be possible to understand the rejection by J. Law of an analysis in terms of value or of market. By refuting the necessity for money to be metallic and showing the injurious consequences when it is so, L. Law elaborates a new model, in which full employment and «fair» prices rule the economy, thanks to an abstract, centrally issued money. Then, the theoretical and practical aspects of J. Law's system will be integrated in a model where quantities of unit of account follow a «no -leak circulation» ; the constraints will be made clear, which the rejection of a material conception of money and production imposes to the possibility of an accounting equilibrium in an economy with saving and interest. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/cep_0154-8344_1987_num_13_1_1045 |
