Adolphe Landry: Monetary Stability and the Financing of Industrial Development

Autori/Curatori Legrand Muriel Dal-Pont, Dominique Torre, Elise Tosi
Anno di pubblicazione 2012 Fascicolo 2012/2 Lingua Inglese
Numero pagine 18 P. 141-158 Dimensione file 101 KB
DOI 10.3280/SPE2012-002009
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It is not so much known that before being a famous demographer Landry first contributed to political economy. Several scholars such as Edmund Malinvaud emphasized that it is not in doubt that Landry "revealed himself as a gifted theoretician". Supporting this view, the objective of this paper is to explain what were the initial monetary views developed by Landry and how he was influenced by different (and also non-orthodox) theoretical approaches. The gradual but also clear change we can observe in his monetary view was not only due to his theoretical lectures: as a public man, politically engaged, he was deeply influenced by his need to solve pragmatic issues. His efforts to reconcile his theoretical knowledge with his pragmatism led him to develop stimulating views on the then contemporary monetary theoretical questions.

Keywords:Adolphe Landry, Irving Fisher, quantity theory of money, monetary policy, credit, cooperative banks, mutualit

Jel codes:B10, B13

Legrand Muriel Dal-Pont, Dominique Torre, Elise Tosi, Adolphe Landry: Monetary Stability and the Financing of Industrial Development in "HISTORY OF ECONOMIC THOUGHT AND POLICY" 2/2012, pp 141-158, DOI: 10.3280/SPE2012-002009