Glossary entry (derived from question below)
Latin term or phrase:
mutationibus monetarum
English translation:
currency debasement
Added to glossary by
Roddy Stegemann
This question was closed without grading. Reason: Other
Feb 23, 2013 14:30
11 yrs ago
Latin term
mutationibus monetarum
Latin to English
Bus/Financial
Economics
Monetary Debasement
Traité des monnaies: de origine, natura, jure et mutationibus monetarum
This is the title to a treatise written by Nicholas Oresme in 1366. I am stumbling on the expression indicated as the term of this query.
My Tentative Translation: "Treatise on the Origin, Nature, Law, and Transformation of Money."
Someone with good knowledge of Latin and some knowledge of economics could likely be very helpful.
This is the title to a treatise written by Nicholas Oresme in 1366. I am stumbling on the expression indicated as the term of this query.
My Tentative Translation: "Treatise on the Origin, Nature, Law, and Transformation of Money."
Someone with good knowledge of Latin and some knowledge of economics could likely be very helpful.
References
Some background info | Tony M |
Change log
Feb 23, 2013 14:33: Tony M changed "Language pair" from "French to English" to "Latin to English" , "Field" from "Science" to "Bus/Financial"
Feb 24, 2013 14:19: Roddy Stegemann Created KOG entry
Reference comments
7 mins
Reference:
Some background info
http://paws.wcu.edu/mulligan/www/gresham.html
"...Nicole Oresme (1320?-1382) Bishop of Lisieux, argued against the debasing of coins on moral grounds in his undated Tractatus de Origine, Natura et Mutationibus Monetarium (Treatise on the Origin, Nature, and Changes of Money). He was at least partly aware of Gresham's law and correctly described some of its consequences. He was a cardinal and papal legate as well as an important commentator on Aristotle. He also wrote Le Livre du Ciel et du Monde (The Book of the Heavens and the Earth) ..."
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Note added at 7 mins (2013-02-23 14:38:11 GMT)
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Interestingly, the title you have is not quite the same as the one in my ref., though they do both seem to be referring to the same work.
"...Nicole Oresme (1320?-1382) Bishop of Lisieux, argued against the debasing of coins on moral grounds in his undated Tractatus de Origine, Natura et Mutationibus Monetarium (Treatise on the Origin, Nature, and Changes of Money). He was at least partly aware of Gresham's law and correctly described some of its consequences. He was a cardinal and papal legate as well as an important commentator on Aristotle. He also wrote Le Livre du Ciel et du Monde (The Book of the Heavens and the Earth) ..."
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Note added at 7 mins (2013-02-23 14:38:11 GMT)
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Interestingly, the title you have is not quite the same as the one in my ref., though they do both seem to be referring to the same work.
Discussion
My translation of the complete title: Treatise on Money: The Origin and Nature, the Law, and Currency Debasement.
Many thanks everyone. I am sorry that I cannot award points, but this function is not available to me for this question.
The only reason that I am hesitant to translate the term as "currency debasement" is because the treatise was written by a French Catholic Bishop who may or may not have wanted to be so direct in his criticism of the state.
I need a word that means "change negatively", because this is what currency debasement is all about. Perhaps, the expression "negative alteration of money" would capture the meaning and still not be overt in its delivery.
There it says: "treatise on the origin, nature, law, and alterations of money". Quite a number of google hits for this.
However, this does seem to be quite a well known work, so it might be worth looking for 'standard' translations — I have to say the one quoted in my ref. below sounds a bit dodgy to me, and I suspect may be an ad hoc version by the writer of the article.