British Banking School
The British Banking School was a group of 19th century economists from the United Kingdom who wrote on monetary and banking issues. They were created to oppose the British Currency School; they argued that currency issue could be naturally restricted by the desire of bank depositors to redeem their notes for gold. According to Jacob Viner the main members of the Banking School were Thomas Tooke, John Fullarton, James Wilson, and J. W. Gilbart. They believed "The amount of paper notes in circulation was adequately controlled by the ordinary processes of competitive banking, and if the requirement of convertibility was maintained, could not exceed the needs of business for any appreciable length of time". Thus they opposed the requirement in the Bank Act of 1844 for a reserve requirement on
primaryTopic
British Banking School
The British Banking School was a group of 19th century economists from the United Kingdom who wrote on monetary and banking issues. They were created to oppose the British Currency School; they argued that currency issue could be naturally restricted by the desire of bank depositors to redeem their notes for gold. According to Jacob Viner the main members of the Banking School were Thomas Tooke, John Fullarton, James Wilson, and J. W. Gilbart. They believed "The amount of paper notes in circulation was adequately controlled by the ordinary processes of competitive banking, and if the requirement of convertibility was maintained, could not exceed the needs of business for any appreciable length of time". Thus they opposed the requirement in the Bank Act of 1844 for a reserve requirement on
has abstract
The British Banking School was ...... erve requirement on banknotes.
@en
Банковская школа (англ. bankin ...... ртонрусск., Джон Стюарт Милль.
@ru
銀行学派(ぎんこうがくは banking school)とは ...... どしたため、相対的に銀行学派の権威が強化されることとなった。
@ja
Wikipage page ID
25,741,057
Wikipage revision ID
719,990,314
subject
hypernym
type
comment
The British Banking School was ...... for a reserve requirement on
@en
Банковская школа (англ. bankin ...... ртонрусск., Джон Стюарт Милль.
@ru
銀行学派(ぎんこうがくは banking school)とは ...... どしたため、相対的に銀行学派の権威が強化されることとなった。
@ja
label
British Banking School
@en
Банковская школа
@ru
銀行学派
@ja