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Thomas Mun and Specie Flows

Published online by Cambridge University Press:  03 February 2011

George W. Wilson
George W. Wilson
Affiliation:
Indiana University
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Extract

J. D. Gould in a fairly recent article attempts to explain why Thomas Mun did not develop the “self-regulating mechanism of specie distribution.” I find Mr. Gould's argument unconvincing and while I hesitate to question one point in an otherwise interesting atricle, I think the point merits further discussion.

Information

Type
Review Article and Notes
Information
The Journal of Economic History , Volume 18 , Issue 1 , March 1958 , pp. 62 - 63
Copyright
Copyright © The Economic History Association 1958

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References

1 Gould, J. D., “The Trade Crisis of the Early 1620's and English Economic Thought,” The Journal of Economic History, XV (1955), 121–33.CrossRefGoogle Scholar

2 Ibid., p. 131.

3 See England's Treasure by Forraign Trade, ch. iii.

4 Mun's opposition to the bullionist export restrictions, of course, reinforces this view.