Pierson on scarcity of gold and changes in the general price level

IF 0.6 3区经济学 Q4 ECONOMICS European Journal of the History of Economic Thought Pub Date : 1999-03-01 DOI:10.1080/10427719900000125

M. Fase

引用次数: 0

Abstract

This paper is a historical reflection on the monetary view of Pierson. (1838-1910) a nineteenth-century Dutch economist, Bank president and prime minister, and his writing on the appropriateness of index numbers to measure inflation. Two aspects are conisdered. First, a policy of price stability should not focus solely on a general price index because this does not take inot account monetary factors sufficiently. Second, a pure monetary explanation as in the gold debate of the 1880s falls short of the mark and might conceal what really is going on, e.g. deflation.

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皮尔森对黄金的稀缺性和一般价格水平变化的看法

本文是对皮尔逊货币观的历史反思。(1838-1910)， 19世纪荷兰经济学家，银行行长和首相，以及他关于用指数来衡量通货膨胀的适当性的著作。考虑了两个方面。首先，价格稳定政策不应仅仅关注一般价格指数，因为这没有充分考虑到货币因素。其次，像19世纪80年代的黄金之争那样，纯粹的货币解释是不准确的，可能会掩盖真正发生的事情，比如通货紧缩。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Journal of the History of Economic Thought Multiple-

CiteScore

1.50

自引率

28.60%

发文量

期刊介绍： The European Journal of the History of Economic Thought (EJHET), a peer-reviewed journal, has quickly established itself as a leading forum for lively discussion on a wide range of issues in the history of economic thought. With contributions from both established international scholars and younger academics, EJHET is entirely pluralist and non-partisan with regard to subjects and methodologies - it does not subscribe to any particular current of thought, nor relate to any one geographic zone. The Managing Editors and Editorial Board and Advisory Board members are drawn from throughout Europe and beyond, and are committed to encouraging scholars from around the world to contribute to international research and debate.

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