de Boyer des Roches, Jérôme; Diatkine, Sylvie - Université Paris-Dauphine (Paris IX) - 2008
Approval of the quantity theory, of the Humean price-specie-flow mechanism (PSFM) and of lender of last resort analysis are characteristics of British monetary orthodoxy in the 1870s. But this does not mean that this orthodoxy achieved a synthesis between the Banking School and the Currency...