In Berkeley's 1735 book, we find: The quantity theory of money: "22. Whether, therefore, less money swiftly circulating, be not, in effect, equivalent to more money slowly circulating? Or, whether, if the circulation be reciprocally as the quantity of coin, the nation can be a loser?" Price determination by supply and demand: "24. Whether the value or price of things be not a compounded proportion, directly as the demand, and reciprocally as the plenty" The importance of money for economic calculation: "25. Whether the terms crown, livre, pound sterling, etc., are not to be considered as exponents or denominations of such proportion? And whether gold, silver, and paper are not tickets or counters for reckoning, recording, and transferring thereof?" The falsity of mercantilism: "108. Whether, although the prepossessions about gold and silver have taken deep root, yet the example of our Colonies in America doth not make it as plain