Financial Thought of the Northern and Southern Song Dynasties

The following sections are included:IntroductionThe currency theory of Shen KuoOn the circulation of currencyOn the standard of precious metalsOn paper notes as currencyOn the money shortageZhang Fangping’s monetary theoriesAbout the channels of money circulationAbout the money shortage in the Song DynastyAbout the monopoly of distribution rightsThe monetary theories of Li Gou, Ouyang Xiu and Su ZheLi Gou’s view on silver and gold as currencySu Shi and Su Xun’s views on paper currency and money shortageOuyang Xiu’s view on the prohibition of the iron coinsZhou Xingji’s banknote issuance preparation theoryThe theory of currency deficiencyCurrency theory of lightness and heavinessThe devaluation theory of currencyBanknote issuance preparation theoryYe Shi’s theory of paper notesOn commodities and currencyOn copper coins as the best currencyOn the expelling of coins by paper moneyOther drawbacks of currency circulationDebates over the government-run lendingWang Anshi and Xining’s new policiesGovernment-run lending — Green Shoots Law and Market Trade LawThe dispute over interestThe dispute between the scattered and the suppressedThe dispute between the green shoots and ChangpingMonetary theories during the early Southern Song DynastyA discussion of Guanzi in the sixth year of ShaoxingZhao Kai and Wang Zhiwang on the management of currencyTheories on paper money during the reign of Emperor XiaozongMonetary theories after the reign of Emperor Xiaozong of the Southern Song DynastyYang Wanli’s monetary theoryFather and Son of the Yuan family on currencyWei Jing’s comment on the local conditionsWu Qian’s discussion on paper money as the lifeblood of the countryChen Qiqing’s theory of copper moneyXu Heng on the theory of money exchangeThe credit theory of Yuan CaiOn ethical lendingOn the operation of loansOn the management of loans