 The most central leitmotif of early modern economics was its appreciation for the transformative effects of money. Hobbes, drawing on William Harvey, had depicted money as the blood that courses through the body politic (see Christensen 1989; Apeldoorn 2017). Money vitalized a region, and was most effective if it was in circulation and “quickened”, that is, increased its velocity. Quesnay underscored the importance of the circulation of money, particularly bullion, and its multiplier effects, again drawing an analogy to Harvey’s great discovery. The French had initially, under the inspiration of the Scottish émigré John Law (1705), embraced private banknotes and equity swaps. But after the collapse of the Mississippi Company in 1720, for which Law was blamed, they chose to hoard silver as household plate, and banking did not recover until the end of the century. The Dutch and the British, looking to France, imposed a tax on silverware and promoted the use of chinaware as measures to reduce hoarding.