Mill, Tooke, Mcculloch Et La Crise De 1825
Cet article étudie la crise qui, en 1825, tacha l’économie anglaise et les travaux que John Stuart Mill, Thomas Tooke et John Ramsay McCulloch consacrèrent à son analyse. Alors que McCulloch s’appuyait, pour comprendre, la crise sur la tradition ricardienne, Mill et Tooke s’en écartent et sans doute celui-là plus que celui-ci. McCulloch et Tooke soutiennent que l’organisation du système bancaire anglais a joué, sinon dans l’origine du moins dans le développement de la crise, un rôle remarquable. Mill, au contraire, pense que la crise est l’effet de spéculations hasardeuses et qu’elle se serait tout aussi bien développée dans un système où la monnaie aurait consisté en espèces. Il avance des idées qui seront reprises et développées par la Banking School.
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| Date of creation: | 2009 |
| Handle: | RePEc:ema:worpap:2009-06 |
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Neil T. Skaggs, 1994. "The Place of J. S. Mill in the Development of British Monetary Orthodoxy," History of Political Economy, Duke University Press, vol. 26(4), pages 539-567, Winter.
- Evelyn L. Forget, 1990. "John Stuart Mill's Business Cycle," History of Political Economy, Duke University Press, vol. 22(4), pages 629-642, Winter.
- Charles Feinstein,, 1996. "Conjectures and Contrivances: Economic Growth and the Standard of Living in Britain During the Industrial Revolution," Oxford University Economic and Social History Series _009, Economics Group, Nuffield College, University of Oxford.
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