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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint)
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Excerpt from Money and Currency in Relation to Industry, Prices, and the Rate of Interest There are so many books upon money that the author of a new one needs to offer a word of justifi… Plus…

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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint) - Joseph French Johnson
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Excerpt from Money and Currency in Relation to Industry, Prices, and the Rate of InterestThe theory of money and credit is developed in the first four chapters. All the remaining chapters… Plus…

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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint) Joseph French Johnson, Books, Business and Finance, Economics, Money and Currency in Relatio… Plus…

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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint) als Taschenbuch von Joseph French Johnson
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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint) als Taschenbuch von Joseph French Johnson
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Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint)
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Titre:
ISBN:

9781330097731


Excerpt from Money and Currency in Relation to Industry, Prices, and the Rate of Interest

There are so many books upon money that the author of a new one needs to offer a word of justification. This book differs from others in several important respects. While it is intended to be a complete exposition of the science of money, aiming its appeal at the understanding rather than at the prejudices of men, its unique characteristics, if it possess any, will be found in the deep practical significance it discovers in the phenomena of price, in its analysis of the demand for money, in its exposition of credit as related to prices and the rate of interest, and in the clearness it gives to the concepts of commodity money, fiat money, and credit money.

This book deals with money as an independent economic entity, and seeks to bring out the fact that "price" in the world of business is a more important word than "value." Economists have too generally assumed that money, being only a medium of exchange, can be left out of calculation in a scientific explanation of the phenomena of production and consumption. They reduce trade to terms of barter, assuming that men work for goods and that they exchange goods for goods. Money cannot thus be set aside. It is itself an economic good, one of the most important in the entire list; and changes in its value exert a powerful influence on the production and distribution of wealth. Indeed, the welfare of society is influenced more by changes in its value than by changes in the value of any other commodity. As is pointed out in Chapter VI, the maladjustment of prices caused by a change of relation between the money demand and the money supply is equivalent to a new alignment of values.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Informations détaillées sur le livre - Money and Currency in Relation to Industry, Prices, and the Rate of Interest (Classic Reprint)


EAN (ISBN-13): 9781330097731
ISBN (ISBN-10): 1330097734
Livre de poche
Date de parution: 2016
Editeur: Forgotten Books

Livre dans la base de données depuis 2017-06-21T15:19:49+02:00 (Paris)
Page de détail modifiée en dernier sur 2018-12-04T16:39:59+01:00 (Paris)
ISBN/EAN: 9781330097731

ISBN - Autres types d'écriture:
1-330-09773-4, 978-1-330-09773-1
Autres types d'écriture et termes associés:
Titre du livre: currency

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