Arthur Kitson

Arthur Kitson (6 April 1859 – 2 October 1937) was a British monetary theorist and inventor. He was the managing director of the Kitson Empire Lighting Company of Stamford, Lincolnshire and held many patents.

In 1901, he invented the vaporised oil burner. The fuel was vaporised at high pressure and burned to heat the mantle, giving an output of over six times the luminosity of traditional oil lights. This device was later improved by David Hood at Trinity House.

He was declared bankrupt in 1925.

Works

• A Scientific Solution of the Money Question, Arena Publishing Company, 1895.
• The Money Problem, Grant Richards, 1903.
• Industrial Depression; its Causes and Cure, Fisher Unwin, 1905.
• Captain James Cook, R.N., F.R.S. "the Circumnavigator", E. P. Dutton & Company, 1907. This is not Arthur Kitson the monetarist and inventor but Arthur Octavius Kitson. This is clear because the dedication in the book is to "My Wife Linda" and she was Arthur Octavius's wife.
• An Open Letter to the Right Hon. David Lloyd-George, J. M. Dent & Sons, 1911.
• Trade Fallacies: A Criticism of Existing Methods, and Suggestions for a Reform Towards National Prosperity, P. S. King & Son, 1917.
• A Fraudulent Standard, P. S. King & Son, 1917.
• The Great Pacifist Conspiracy!: A Warning and an Appeal to the British Public, Dolby, 1918.
• Money Problems: A Discussion of the Basis of our Monetary and Credit Institutions with Suggestions for the Establishment of a Scientific Currency System, Dolby Brothers, 1920.
• Unemployment; the Cause and a Remedy, Cecil Palmer, 1921.
• The Bankers' Conspiracy!, which Started the World Crisis, Stock, 1933.
• A Modern Pilgrim's Progress, Alden Press, 1935.

Pamphlets

• Usury (Payment for the use of Things): the Prime Cause of Want and Unemployment, s.n., 1910.
• Is a Money Crisis Imminent?: Being the Becture Delivered under the Auspices of the Banking and Currency Reform League at the New Reform Club, 1 November, Commercial Intelligence Publ. Co., 1911.
• England's Trade Barrier! The Bank Charter Act: an Address Delivered to the Members of the Birmingham Chamber of Commerce, at the Grand Hotel, Birmingham, 17 December 1917, Hudson & Son, 1917.
• Reconstruction Through Banking Reform, Cornish Echo Company, 1918.
• Renewal of the Bank of England Charter: How the Present Banking System Restricts Trade, Birmingham Chamber of Commerce, 1918.
• A Criticism of the First Interim Report of the Committee on Currency and Foreign Exchanges, British Banking Reform League, 1919.
• The Treasury's Latest Craze, Unwin, 1920.
• A Letter to H.R.H. The Prince of Wales on the World Crisis – It's Cause, and Remedy, The Alden Press (Oxford) Limited, 1931.
• The Science of Plenty, s.n.

Articles

• "The Logic of Free Trade and Protection," Popular Science Monthly, Vol. 38, November 1890.
• "Fallacies of Modern Economists," Popular Science Monthly, Vol. 42, December 1892.
• "A Criticism of Henry George's Single Tax Theory", The American Journal of Politics, Vol. V, July/December 1894.
• "What is Economic Value?", The American Magazine of Civics, Vol. VI, January/June 1895.
• "Gold and State Banking", The New Age, Vol. XI, No. 13, 1912.
• "A Successful Experiment", The New Age, Vol. XI, No. 26, 1912.
• "The Root of All Evil", The New Age, Vol. XII, No. 17, 1913.
• "The 20th Century Napoleon", The New Age, Vol. XIII, No. 13, 1913.
• "Legislative Quackery", The New Age, Vol. XIV, No. 11, 1914.
• "The War and the Prophets", The New Age, Vol. XV, No. 18, 1914.
• "The Russian Myth", The New Age, Vol. XV, No. 23, 1914.
• "German Kultur", The New Age, Vol. XVI, No. 2, 1914.
• "Messrs. Facing-Bothways", The New Age, Vol. XVII, No. 10, 1915.
• "The Psychological Factor", Land & Water, 4 December 1915.
• "The Financial Factor", Land & Water, 30 December 1915.
• "Treasury Notes: Their Present Advantage and Permanent Value", Land Water, Vol. LXVII, No. 2830, 3 August 1916.
• "Labour, Capital and the State", Land & Water, Vol. LXVIII, No. 2839, 5 October 1916.
• "Property and the State", Land & Water, Vol. LXVIII, No. 2843, 2 November 1916.
• "The Coming Trade War", Land & Water, Vol. LXVIII, No. 2847, 30 November 1916.
• "Psychology of the Workshop", Land and Water, Vol. LXIX, No. 2856, 1 February 1917.
• "The New Morality", Land & Water, Vol. LXIX, No. 2876, 21 June 1917.
• "The Perils of Restriction", Land & Water, Vol. LXIX, No. 2888, September 1917.
• "Our Invisible Rulers", National Review, January 1920.
• "The Trade Slump", The English Review, February 1921.
• "Farewell to Gold", The Living Age, November 1931.
• "The Bankers' Conspiracy", The Living Age, February 1934.

Further reading

• Cowen, Tyler & Kroszner, Randall. "The Development of the New Monetary Economics", Journal of Political Economy, Vol. 95(3), June 1987.
• Fisher, Irving. Stable Money; a History of the Movement, Adelphi, 1934.
• Hammes, David & Wills, Douglas. "Thomas Edison's 'Except One'; The Monetary Views of Arthur Kitson Revisited", Journal of Economic Studies, Vol. 32(1), 2005.
• Surette, Leon. "Arthur Kitson", Pound in Purgatory: From Radical Economics to Anti-Semitism, Chap. X, University of Illinois Press, 1999.

See also

• C. H. Douglas
• Thomas Edison
• Silvio Gesell
• Alfred Mitchell-Innes
• Ezra Pound
• Frederick Soddy

External links

• Works by Arthur Kitson at Project Gutenberg
• Works by or about Arthur Kitson at the Internet Archive