Concept

American silver imports

Silver and gold shipped from the Spanish Americas to Spain in the 1500s and 1600s, as counted in the registers Hamilton used.

3 links, 0 backed by primary records

How each side tells it

Silver and gold shipped from the Spanish Americas to Spain in the 1500s and 1600s, as counted in the registers Hamilton used.

Connections 3

The Price Revolution According to Earl J. Hamilton Scholarship & press 1
Hamilton's thesis as Munro states it: chiefly, if not entirely, responsible for the inflation of much of the era, but principally only for about 1540 to 1600. Hamilton's price data are Spanish; Munro warns that many economic historians, himself included, have misread him on this.
The Price Revolution According to John H. Munro Scholarship & press 1
Munro's own view: a monetary explanation is held today by a minority, and none can be purely monetary.

The Price Revolution According to Earl J. Hamilton Scholarship & press 1
Hamilton's thesis, and the point disputed. Munro's view is on the entry for the Price Revolution.

Proof 1 source

John Munro, review essay on Earl J. Hamilton, American Treasure and the Price Revolution in Spain, 1501-1650, in EH.Net Classic Reviews in Economic History, Economic History Association (EH.Net), Jan 2007. Scholarship & press
in seeking to demonstrate that the influx of American silver was chiefly, if not entirely, responsible for the inflation of much of the Price Revolution era, from ca. 1520 to ca. 1650: but, principally only for the specific period of ca. 1540 to ca. 1600.
Hamilton and the Price Revolution: A Revindication of His Tarnished Reputation and of a Modified Quantity Theory
only a minority of us today espouse a basically monetary explanation for the European Price Revolution (ca. 1515/20-1650) — though no such explanation can be purely monetary.

Page history 1 change