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Did Ricardo believe in the autonomy of a central bank as the issuer of money?

  • Yes

  • No

  • He had no clear stance

  • His beliefs changed throughout his career

Answer

Yes, Ricardo believed in the autonomy of a central bank as the issuer of money. He argued that the government should not interfere in the monetary system, as this would lead to inflation and other economic problems. Instead, he believed that a central bank should be independent and should be responsible for managing the money supply in a way that would promote economic stability.
The Ricardo Revolution: Mastering David Ricardo's Economic Legacy

The Ricardo Revolution: Mastering David Ricardo's Economic Legacy

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