Unreferenced date March 2008 Bullionism is an economic theory that defines wealth by the amount of precious metal s owned. Bullionism is an early or primitive form of mercantilism . It was derived, in the 16th century, from the observation that England the English state possessed large amounts of gold and silver , in spite of the fact that there was no mining of precious metals on English soil, because of its large balance of trade trade surplus . Examples of bullionists Thomas Milles bailiff Thomas Milles 1550 1627 and others recommended increasing exports in order to get a trade surplus, converting it into precious metals and hindering the drain of money and precious metal to other countries. Although England practised the interdiction of exportation of or precious metals at about 1600, Milles desired to return to staple port s in order to force merchants from abroad to use their assets to buy English goods and to prevent them from transferring gold or silver from England homewards. But Milles may have been viewed as one who did not have any valuable words to say on the subject, as one of his contemporaries wrote Milles was so much out of step with the time that his pamphlets had little influence... Gerard de Malynes 1586 1641 , another bullionist, published a book, called A Treatise of the Canker of England s Common Wealth , in which he asserted that the exchange of foreign currency had been a trade of value rather than exchanging the weight of metals. Therefore the unfair exchanging of precious metals by banker s and money changers, would result in the deficit of English balance of trade. In order to ban the flow of exchange rate s, he demanded the strict fixing of exchange rates for coin s, only by the concentration of precious metals and weights and for strict regulation and monitoring of foreign trade. But de Malynes did not convince his contemporaries that the cambists ... it Bullionismo no Bullionisme pl Bulionizm pt Bulionismo fi Bullionismi sv Bullionism ... more details
Jonathan Duncan 1799 1865 was a British advocate of reforming the monetary system. He was born in Mumbai Bombay while his father also called Jonathan Duncan Governor of Bombay Jonathan Duncan was governor there. He graduated with a Bachelor of Arts B.A. from Trinity College, Cambridge in 1821. In the years up to 1841, he wrote a number of history books about Russia, religious wars in France, and Guernsey . ref name dnb In 1846, he was editor of a newspaper called The Sentinel , and presented a petition to Parliament of the UK Parliament criticizing Frederic Festus Kelly , chief inspector of letter carriers. ref name petition In 1846, he wrote the tract How to reconcile the rights of property, capital, and labour for the Currency Reform Association. ref name reasoner ref name dnb In 1847 he wrote a tract for the National Anti Gold Law League, arguing that the size of the circulation currency circulation should be determined by supply and demand. ref name gambles He opposed bullionism and Sir Robert Peel s banking and monetary laws, and the monetary policies of Samuel Jones Loyd, 1st Baron Overstone Samuel Jones Loyd . Other publications included The Principles of Money demonstrated, and Bullionist Fallacies refuted 1849 and Bank Charter Act 1844 The Bank Charter Act ought the Bank of England or the People of England to receive the Profits of the National Circulation? 1858 . From 1846 to 1853 he lived at No. 13 Chester Place, Kennington this address was later known as 255 Kennington Road, Lambeth , London . ref cite book title Survey of London chapter Chapter 27, Kennington Road volume Volume 23 Lambeth South Bank and Vauxhall year 1951 pages 128 136 editor1 first Sir Howard editor1 last Roberts editor2 first Walter H. editor2 last Godfrey editor2 link Walter Godfrey url http www.british history.ac.uk report.aspx?compid 47056 accessdate 9 April 2011 ref References reflist refs ref name petition cite journal journal House of Commons papers Public Petitions. Appendix to ... more details
For a list of articles about notable economists List of economists Expand list date August 2008 Economics sidebar center compactTOC8 side yes top yes num yes center This aims to be a complete article list of economics topics A Accountancy Accounting reform Actuary Adaptive expectations Adverse selection Agent economics Agent based computational economics Aggregate demand Aggregate supply Agricultural policy Appropriate technology Arbitrage Arrow s impossibility theorem Auction Austrian School Autarky B Backward induction Balance of payments Balance of trade Bank Bankruptcy Barter Behavioral economics Bellman equation Bequest motive Big Mac Index Big Push Model Bioeconomics biophysical Black Scholes Bretton Woods System Bullionism Business cycle C Canadian and American economies compared Capital economics Capital asset Capital intensity Capitalism Cartel Cash crop Catch up effect Celtic Tiger Central bank Ceteris paribus Charity shop Chicago school of economics Classical economics Classical general equilibrium model Coase conjecture Coase theorem Cobweb model Collective action Collusion Commodity Commodity market Community based economics Comparative advantage Comparative statics Compensating differential Competition Competition law Complementary good Comprehensive Income Policy Agreement Computational economics Concentration ratio Consumer Consumer price index Consumer sovereignty Consumer theory Consumerism Consumption economics Contestable market Contract curve Contract theory Cooperative Cost Cost benefit analysis Cost curve Cost of production theory of value Cost overrun Cost push inflation Cost underestimation Cournot competition Cross elasticity of demand Cultural ecology Currency D Damages Dead cat bounce Deadweight loss Debt Decentralization Deflation Demand pull inflation Depression economics Devaluation Development economics Differentiated Bertrand competition Dirty subsidy Disinflation Dispersed knowledge Distribution business Dividend imputation Dynamic ... more details
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