Clipped Coins, Abused Words and Civil Government [Book Review]

Review of Metaphysics 45 (2):396-397 (1991)
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Abstract

Those accustomed to viewing John Locke as the benign forefather of American Liberalism will be shocked by this book, for Locke was neither benign nor liberal nor even tolerant when it came to serious things in life like money, economic policy, and the Bank of England. In this careful and exhaustive study of Locke's philosophy of money, Caffentzis details the ways in which Locke sought to replace the concept of God, State, Law, and other ultimates with a much more empirically reliable "substance"--money. Locke, it seems, was quite willing to allow any amount of exotica to pass for religion, but his tolerance gave out when it came to the coin of realm.

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