Adam Smith backing theory of money Bank of England bills of exchange David Glasner David Laidler history of thought Mike Sproul real bills doctrine reflux Real or unreal: Sorting out the various real bills doctrines Ridwan X
Adam Smith Antoin Murphy bills of exchange collateral David Glasner history of thought real bills doctrine Adam Smith's very own Lehman Crisis Ridwan X
Adam Smith Bank of Canada cash free banking seigniorage Strange money: privately-issued $6 and $7 notes Ridwan X
Adam Smith chartalism David Glasner fiat money history of thought liquidity premium Mike Sproul MMT moneyness Adam Smith: taxes contribute to fiat's liquidity premium, they don't drive its value Ridwan X
