Law, John 1671-1729 creator text utu 2023 monographic en 1 online resource : multiple file formats "Money and Trade Considered: With a Proposal for Supplying the Nation with Money" by John Law of Lauriston is an economics text published in 1705. Law proposes replacing Scotland's silver currency with paper money backed by land values, arguing that metal currency has become unstable due to New World silver flooding Europe. The work introduces groundbreaking economic concepts that would later influence Adam Smith and John Maynard Keynes. Though Scotland rejected his proposal, Law implemented his ideas in France, creating a spectacular financial bubble that ultimately collapsed. (This is an automatically generated summary.) Wikipedia page about this book: https://en.wikipedia.org/wiki/Money_and_Trade_Considered Release date is 2023-05-17 Emmanuel Ackerman, Evander Cobban and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive) Originally published: United Kingdom: R. & A. Foulis, 1750 Currency question -- Great Britain Banks and banking -- Scotland DA HG United Kingdom: R. & A. Foulis, 1750 https://archive.org/details/moneytradeconsid00lawj https://www.gutenberg.org/ebooks/70784 https://archive.org/details/moneytradeconsid00lawj https://www.gutenberg.org/ebooks/70784 UtSlPG 260607 20260610134633.0 70784