An Inquiry Into The Nature And Effects Of The Paper Credit Of Great Britain (1807)

""An Inquiry Into The Nature And Effects Of The Paper Credit Of Great Britain"" is a book written by Henry Thornton and originally published in 1802. The book is an investigation into the nature and effects of paper credit, which is the use of paper money as a substitute for gold and silver. Thornton examines the history of paper credit in Great Britain, including the establishment of the Bank of England and the development of the paper money system. He also discusses the effects of paper credit on the economy, including inflation and the growth of the banking system. Thornton argues that paper credit can be beneficial to the economy if it is managed properly, but that it can also be dangerous if not properly regulated. The book is considered an important work in the history of economics and was influential in shaping economic policy in Great Britain during the 19th century.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.