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On June 22, 1865, Wang Maoyin, a famous economist in the Qing Dynasty, passed away
On this day, 160 years ago, on June 22, 1865 (May 29, 1865 in the lunar calendar), Wang Maoyin, a famous economist in the Qing Dynasty, passed away. Photo: Wang Maoyin Wang Maoyin (1798-June 22, 1865) was born in She County, Anhui Province, a famous economist in the Qing Dynasty in China. He has devoted his life to the research and practice of my country's economic history, especially the history of money. His monetary views and banknote issuance plan are the most eye-catching, and has been evaluated by academic circles as "the highest achievement of monetary theory in my country's feudal society." The word Chunnian, Hao Zihuai, was a famous economist in the Qing Dynasty in China. After passing the examination in 1832 and entering his career, he served as an official of the Ministry of Revenue, the Ministry of War, the Ministry of Industry and the Ministry of Civil Affairs in the Daoguang, Xianfeng and Tongzhi dynasties of the Qing Dynasty. He devoted his life to the research and practice of my country's economic history, especially the history of currency. His currency views and currency issuance plan are the most eye-catching and are evaluated by academic circles as "the highest achievement of monetary theory in my country's feudal society." The author of "Wang Shilang Memorial" has been handed down from generation to generation. Wang Maoyin and "Das Kapital" Wang Maoyin (1798 - 1865) was a currency theorist and financial scientist in the Qing Dynasty. From She County, Anhui Province. Daoguang Jinshi. He once served as the right assistant minister of the Ministry of Revenue and was also in charge of Qian Fatang affairs, and wrote 11 volumes of "Wang Shilang Memorial". Marx mentioned this matter in Note 83, Part 1, Volume 1 of Das Kapital: "Wang Maoyin, the right-hand assistant minister of the Ministry of Revenue of the Qing Dynasty, sent a memorial to the emperor, advocating secretly changing the precious banknotes of official bills into redeemable banknotes. In the ministerial review report of April 1854, he was severely reprimanded. It is unknown whether he was flogged for this. The review report concluded: 'We read the report carefully... The patent vendor is not convenient for the country." Marx's note mentioned Wang Maoyin's meaning was two. First, he believed that Wang Maoyin's ideas were very insightful and consistent with his own views on the issuance and redemption of paper money; second, he expressed sympathy for Wang Maoyin's censure by the Qing government for proposing the correct proposition of currency reform. Because Wang Maoyin was the only China mentioned in Marx's "Das Kapital", he attracted public attention and became an interesting issue in the history of modern China's economic thought. Wang Maoyin and Das Kapital


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