Znaczenie traktatu monetarnego Meditata Mikołaja Kopernika dla rozwoju myśli ekonomicznej (w 500 rocznicę jego powstania)
The Significance of the Monetary Treaty Meditata by Nicolaus Copernicus for the Development of Economic Thought (On the 500. Anniversary of Its Creation)
Author(s): Mirosław BochenekSubject(s): Economy, Economic policy, Law on Economics, Fiscal Politics / Budgeting
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: history of economic thought; mercantilism; monetary policy; the law of inferior money;
Summary/Abstract: In 1517, Nicolaus Copernicus, the Polish astronomic genius, completed the first version of his monetary treatise, entitled Meditata. On the quincentenary of that event, the author of the paper presents the main ideas incorporated in those treaties, assessing their role in the development of economic thought. The quoted treaty was the first economic thesis written in Poland; therefore, the date of its creation can be perceived as the birth date of Polish economic thought. The practical aim of economic writings of Copernicus was to prepare the principles of monetary reform. For this purpose Copernicus has formulated (independently of Aristofanes), the law of inferior money, ascribed also to Thomas Gresham or Nicole Oresme, which may be considered to be a multiple discovery. Brought to light after several centuries, monetary treaties written by Copernicus still arouse wide interest among Polish economists, being a subject of long-lasting scientific debate.
Journal: Ekonomista
- Issue Year: 2017
- Issue No: 6
- Page Range: 698-718
- Page Count: 21
- Language: Polish
