Online Encyclopedia

NICHOLAS BARBON (c. 164o-1698)

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Originally appearing in Volume V03, Page 389 of the 1911 Encyclopedia Britannica.
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NICHOLAS BARBON (c. 164o-1698)  ,
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English economist, probably the son of Praise-
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god Barbon, was born in
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London, studied
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medicine at
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Leiden, graduated M.D. at Utrecht in 1661, and was admitted an honorary
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fellow of the College of Physicians in 1664 . He took a considerable
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part in the rebuilding of London after the
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great fire of 1666, and has a claim to be considered the institutor of fire-
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insurance in England, which he started some-where about r680 . He was M.P. for Bramber in 1690 and 1695 . He founded a
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land
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bank which, according to contemporaries, was fairly successful and was
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united with that of John Briscoe in r696 . He died in 1698 . His writings are interesting as ex-pressing views much in advance of his time and very near akin to those of
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modern times on such important topics as value,
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rent and
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foreign trade . The more important were Apology for the Builder; or a Discourse showing the Cause and Effects of the Increase of
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Building (1685); A Discourse of Trade (169o); and A Discourse Concerning Coining the New
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Money Lighter (1606) .

End of Article: NICHOLAS BARBON (c. 164o-1698)
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