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David Hume : Principles of political economy

In David Fate Norton & Jacqueline Taylor (eds.), The Cambridge Companion to Hume. Cambridge University Press (2008)

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  1. David Hume on Monetary Policy: A Retrospective Approach.Maria Pia Paganelli - 2009 - Journal of Scottish Philosophy 7 (1):65-85.
    Monetary policy is a modern idea of which David Hume is generally considered a precursor. Moreover, thanks to Milton Friedman and Robert Lucas, he is often presented as one of the first and most illustrious endorser of monetarism. This paper argues against this view, and in agreement with Joseph Schumpeter, that Hume's contribution to economics, while not insignificant, cannot claim any real novelties. It offers an interpretation of Hume as a descendant of a pre-modern understanding of money rather than a (...)
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  • The Hume Literature, 1986-1993.William E. Morris - 1994 - Hume Studies 20 (2):299-326.
  • Hume’s “Wilt Chamberlain Argument” and Taxation.Kenneth Henley - 2012 - Canadian Journal of Philosophy 42 (S1):148-160.
    Robert Nozick addresses the idea of egalitarian redistribution in an argument standardly considered original: the “Wilt Chamberlain Argument”. However, this argument is found in David Hume's An Enquiry Concerning the Principles of Morals, first published in 1751. Placing this argument within a Humean and Hayekian, rather than a Lockean or Kantian, perspective radically changes its import for issues of economic justice. Rather than vindicating the radical individualism of Nozick and other libertarians, applied to our circumstances using Hume's conventionalist and evolutionary (...)
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  • Hume’s Monetary Thought Experiments.Margaret Schabas - 2008 - Studies in History and Philosophy of Science Part A 39 (2):161-169.
    Contemporary economists deem virtually every piece of reasoning and argumentation in economics a model, forgetting that there may well be other conceptual tools at hand. This article demonstrates that David Hume used thought experiments to make some remarkable breakthroughs in monetary economics, and that this resolves a longstanding debate about an apparent inconsistency in Hume, between the neutrality and non-neutrality of money. In the actual world, money is never neutral for Hume; only in thought experiments does a sudden growth in (...)
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