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On the Balance of Trade is an economic text on monetary economics that was written by David Hume and published in 1752. In the book, Hume examines various mistakes committed by nations regarding trade and suggests better alternatives. The thought experiments that Hume uses in the book are sometimes argued by modern economists to be the first formal economic models.

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  • Of the Balance of Trade (en)
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  • On the Balance of Trade is an economic text on monetary economics that was written by David Hume and published in 1752. In the book, Hume examines various mistakes committed by nations regarding trade and suggests better alternatives. The thought experiments that Hume uses in the book are sometimes argued by modern economists to be the first formal economic models. (en)
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  • On the Balance of Trade (en)
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  • On the Balance of Trade (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/essays-and-treatises-david-hume.jpg
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  • English (en)
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  • On the Balance of Trade is an economic text on monetary economics that was written by David Hume and published in 1752. In the book, Hume examines various mistakes committed by nations regarding trade and suggests better alternatives. The thought experiments that Hume uses in the book are sometimes argued by modern economists to be the first formal economic models. (en)
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