Sir Thomas Smith: Mercantilist for Sound Money

Tags: Monetary Theory, Biographies, Money and Banks

09/02/2010 Murray N. Rothbard

Rothbard shows that Gresham’s law was introduced not by Sir Thomas Gresham but by the “arrogant, boorish, and feisty” Sir Thomas Smith the Elder (1513–1577), a bitter critic of debasement who was exiled from the court in 1549. He fought back with a book.

This audio Mises Daily is narrated by Jeff Riggenbach.

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