Money and Trade Considered by John Law is an insightful and thought-provoking analysis of the role of money in trade and economic systems. Law’s exploration of the relationship between money, credit, and value sheds light on the complexities of monetary policy and its impact on economic growth.

Law presents a compelling argument for the importance of sound monetary policies in promoting trade and stability in economies. He explores the concept of fiat money and its ability to facilitate transactions and promote economic growth. His discussion of the role of credit in stimulating economic activity highlights the interconnectedness of money and trade in modern economies.

Overall, Money and Trade Considered is a valuable resource for anyone interested in understanding the intricacies of monetary systems and their impact on trade. Law’s analysis is thorough and well-researched, making this book essential reading for economists, policymakers, and anyone interested in the dynamics of money and trade.

Book Description:
Money and Trade Considered, With a Proposal for Supplying the Nation with Money was so much more than a mere proposal for a note-issuing bank. It was a staggeringly original work of genius which not only included proposals for new systems of banking, and the issuing of paper money as a means to stimulate the economy, but also revealed, for the first time, several of the most significant economic concepts ever devised; concepts which would later be espoused by economists such as Adam Smith and John Maynard Keynes without acknowledgement. It was meant for the consideration of the Scottish Parliament, but the ideas it contained fundamentally altered economics, politics, finance, and, consequently, the modern world. John Law’s Money and Trade Considered is the most influential but least acknowledged work in the history of economics.