L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse

In the end of the 19th century the controversy on bimetallism divides the French liberal school into two opposite groups. The study of the arguments of both sides—bimetallists and monometallists—shows that this opposition is not only a theoretical one. We first point out that two important political...

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Main Author: Claire Silvant
Format: Article
Language:English
Published: Association Œconomia 2012-09-01
Series:Œconomia
Subjects:
Online Access:http://journals.openedition.org/oeconomia/1314
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author Claire Silvant
author_facet Claire Silvant
author_sort Claire Silvant
collection DOAJ
description In the end of the 19th century the controversy on bimetallism divides the French liberal school into two opposite groups. The study of the arguments of both sides—bimetallists and monometallists—shows that this opposition is not only a theoretical one. We first point out that two important political issues interfere with this debate: firstly it overlaps the national question of the interests of the Banque de France; in addition, political stakes concerning the international role of France appear in the discussions on bimetallism. The consideration of these two issues allows us to give an explanation to the strong opposition between authors belonging to the same school: we highlight a difference between the advocates of bimetallism who extol the virtues of discretionary decisions promoting the national interests, and those of monometallism which defend the notion of rules in monetary policy.
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spelling doaj.art-b279b24948494048b9566da3fd12aedc2022-12-21T17:33:05ZengAssociation ŒconomiaŒconomia2113-52072269-84502012-09-012330532610.4000/oeconomia.1314L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverseClaire SilvantIn the end of the 19th century the controversy on bimetallism divides the French liberal school into two opposite groups. The study of the arguments of both sides—bimetallists and monometallists—shows that this opposition is not only a theoretical one. We first point out that two important political issues interfere with this debate: firstly it overlaps the national question of the interests of the Banque de France; in addition, political stakes concerning the international role of France appear in the discussions on bimetallism. The consideration of these two issues allows us to give an explanation to the strong opposition between authors belonging to the same school: we highlight a difference between the advocates of bimetallism who extol the virtues of discretionary decisions promoting the national interests, and those of monometallism which defend the notion of rules in monetary policy.http://journals.openedition.org/oeconomia/1314bimetallismGold StandardFrench Liberal School
spellingShingle Claire Silvant
L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
Œconomia
bimetallism
Gold Standard
French Liberal School
title L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
title_full L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
title_fullStr L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
title_full_unstemmed L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
title_short L’école libérale française et la question du bimétallisme (1860-1885). Enjeux économiques et politiques de la controverse
title_sort l ecole liberale francaise et la question du bimetallisme 1860 1885 enjeux economiques et politiques de la controverse
topic bimetallism
Gold Standard
French Liberal School
url http://journals.openedition.org/oeconomia/1314
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