Historical Development on the Theory of Labour Note: Labour Evaluation Gap Correction, Recovery of Mutual Relationship, International Spread Process.

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The theory of Labour note is a doctrine of money and credit reform which claims to correct labour evaluation gap, recover mutual relationship in regional community, and re-construct stable market economy. This theory occurred in the UK at the beginning of 19th century, and then spread over western European countries and the USA. This study clarifies the spreading processes via examining original materials. Labour note has changed its functions and significances in the processes of accepting in each countries and regions. Moreover, we found that the theory deepened its understandings of money and market through the debate of this theory.To understand in detail, an outcome of this study should be referred. YUKI, T., (2013) Historical Phases of the Theory of Labour Note: some Visions on Money and Market (in Japanese), Nippon Hyoron Sha.