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Copernicus: Essay on the Coinage of Money (1526)

In: A Source Book on Early Monetary Thought

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Abstract

4,500 words. Copernicus argues that an increase in the money supply causes the prices of all goods to rise. He points the way to the quantity theory of money. Copernicus argues the money supply should never be increased unnaturally by government.

Suggested Citation

  • ., 2020. "Copernicus: Essay on the Coinage of Money (1526)," Chapters, in: Edward W. Fuller (ed.), A Source Book on Early Monetary Thought, chapter 13, pages 96-102, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19916_13
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