Economics.- Letter to a Friend concerning Credit (A), and how it may be restor'd to the Bank of England..., 8pp., drop-head title, foxed, later marbled wrappers, split at spine, [Wing L1639a], 4to, for Andr. Bell, 1697. ⁂ Rare work on banking, suggesting that the Bank of England, established two years earlier, should be used to build a supply of credit. The theory of a credit-based economy was eventually adopted with the creation of the funded National Debt and paper money. ESTC lists only 2 copies in the UK (BL & Manchester) and 4 in America.
Economics.- Letter to a Friend concerning Credit (A), and how it may be restor'd to the Bank of England..., 8pp., drop-head title, foxed, later marbled wrappers, split at spine, [Wing L1639a], 4to, for Andr. Bell, 1697. ⁂ Rare work on banking, suggesting that the Bank of England, established two years earlier, should be used to build a supply of credit. The theory of a credit-based economy was eventually adopted with the creation of the funded National Debt and paper money. ESTC lists only 2 copies in the UK (BL & Manchester) and 4 in America.
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