Roches, Jerome de Boyer des - In: The European Journal of the History of Economic Thought 14 (2007) 1, pp. 25-53
Noting that it is Thornton, not Ricardo, who is the originator of the classical analysis of the gold points mechanism, this paper shows that Ricardo rejected this mechanism. This is done by considering his criticism of the causal link between deficits, the exchange rate and the price of gold....