In that affair, he was a partisan of the Bullionist position, which argued for the resumption of the convertibility of paper money into gold.
In 1809, he began authoring newspaper articles on currency questions, which drew him into the great Bullionist Controversy. In that affair, he was a partisan of the Bullionist position, which argued for the resumption of the convertibility of paper money into gold. He wrote a pair of tracts in 1810 and 1811 articulating these arguments and outlining what has since become known as the "classical approach" to the theory of money. FTP, name this economist who also proposed the "iron law of wages"?
In 1809, he began authoring newspaper articles on currency questions, which drew him into the great Bullionist Controversy.
David {Ricardo}