L. Randall Wray (1953) American economist
Source: Money and Credit in Capitalist Economies, 1990, p. 10; Cited in Howard Stein. "Theories of institutions and economic reform in Africa." World Development 22.12 (1994): 1833-1849.
“Whenever the current of money is forcibly stopped, and when money is prevented from settling at its just level, there are no limits to the possible variations of the exchange.”
Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter VII, On Foreign Trade, p. 91
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British political economist, broker and politician 1772–1823Related quotes
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Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter I, On Value, p. 32
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