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Encyclopedia Britannica



BARBON, NICHOLAS (c. 164o-1698)

This article appears in Volume V03, Page 389 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: BAI-BAR
BARBON, NICHOLAS (c. 164o-1698) ,
English
  economist, probably the son of Praise-god
Barbon
 , was born in London, studied
medicine
  at Leiden, graduated M.D. at
Utrecht
  in 1661, and was admitted an honorary fellow of the College of Physicians in 1664. He took a considerable
part
  in the rebuilding of London after the
great
  fire of 1666, and has a claim to be considered the institutor of fire-insurance in England, which he started some-where about r680. He was M.P. for Bramber in 1690 and 1695. He founded a
land
  bank which, according to contemporaries, was fairly successful and was 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
modern
  times on such important topics as value, rent and foreign
trade
 . The more important were
Apology
  for the Builder; or a Discourse showing the Cause and Effects of the Increase of Building (1685); A Discourse of
Trade
  (169o); and A Discourse Concerning Coining the New Money Lighter (1606).


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