5 page paper on money and classical political thought in a new country

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Use 12 point font, 1 inch margins, double spacing and NO extra large font for headings.

Cite your sources (for this I will attach the two sources meant to be used for this paper) properly and do NOT take things from the internet and put them into your essays, this must be your own writing.


Imagine a new country is being established in our modern times. Use the readings from the Money and Classical Political Though section of the course (attached below) to discuss whether this new country should have a central bank, should peg their currency to the US dollar and whether it should have capital controls. How does this relate to the notion of “money and national power”?


– John Locke, The Second Treatise of Government (1689), chapter five. (this can be found online easily)

– John Kenneth Galbraith, The Affluent Society (1958), chapter three.
– John Kenneth Galbraith, Money: Whence it Came, Where it Went (1975), 45-62.

^^ ill send you those soon.

– Alexander Hamilton, “Notes on the Advantages of a National Bank” (1791). Thomas Jefferson, “Opinion on the Constitutionality of a National Bank.”

– William Jennings Bryan, “Cross of Gold” speech (1896)

– John Maynard Keynes, The Economic Consequences of the Peace, 1919. Friedrich Hayek, The Road to Serfdom, chapter 7.

^Ill send you this one soon as well.


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