Bullionist controversy
Write an analysis paper on the Bullionist controversy between the currency and banking schools. Focus on David Ricardo, Henry Thornton and Robert Torrens.
Make sure to include the following points: An introduction to the issue. This might include a brief summary of the context in which the author is writing, and-thus-what motivated his thinking. It might also include why the issues were thought to be important.
Try to identify the question-or questions-the work is trying to answer; what’s the aim, the author’s intent? What are the major historical and conceptual issues stressed? What are the major points the author is making? This could lead into the analysis (or model) the author provides.
Explain how the author is/are trying to answer the question: what techniques, analytical tools, quantitative tools are used? What’s the theory underlying the article? What presuppositions lie behind the work? What (if any) empirical work, what evidence, does the author provide? What would you like to know more about-or what (if anything) did the author not talk about that you thought might have been talked about?