Paper Credit

An Enquiry into the Nature and Effects of the Paper Credit of Great Britain
1965 reprint of An Enquiry into the Nature and Effects of the Paper Credit of Great Britain with introduction by economist F.A. Hayek
AuthorHenry Thornton
LanguageEnglish
GenreEconomics, Philosophy
PublisherJ. Hatchard and Messrs. F. and C. Rivington
Publication date
1802
Publication placeLondon

An Enquiry into the Nature and Effects of the Paper Credit of Great Britain, generally shortened to Paper Credit, is a book on monetary theory in economics, written by Henry Thornton and published in Britain in 1802. It is seen as prescient of modern monetary problems, having addressed paper currency, risk of inflation, and other issues that were appearing as certificates began to displace gold as currency in early 19th century Britain.