Articles liés à Functions and Needs of Our Great Markets (Classic Reprint)
Synopsis
The digital edition of all books may be viewed on our website before purchase. Excerpt from Functions and Needs of Our Great Markets
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books.
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. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Présentation de l'éditeur
By Willet M. Hays, Assistant Secretary, Department of A griculture, Washington, D. C. The trading pit organizations of boards of trade and chambers of commerce have come to function as crop-reporting boards as well as marts of trade. Unlike state and national crop-reporting boards, they are not local to their own country, but are also international in scope, taking account of acreages, crop conditions and harvested products of the entire world. A nd, imlike publicly-supported crop-reporting boards, they take into accotmt demand as well as supply. They have more final functions than have public crop-reporting boards, because they crystallize the whole knowledge of conditions of supply and demand into actual daily prices. These boards in the great commercial centers are, however, very inefficient reporters of crop conditions, in that they do not act as unbiased boards. The price figure which they decide upon is based only in part upon conditions relating to the supply and demand of the actual product and in part upon thoughts which grow out of the self-interest of the dealers in the ownership of margins on options and futures. The ownership of these margins, especially in case of exaggerated comers, gives such a bias to a portion of the members of these commercial price-making boards that their composite judgment is much warped. These margins, risked on options and futures, sometimes aggregate many times more than the sum of the margins risked in the fluctuations on the price of the actual products bought and sold in the same market. In determining prices, the money at stake on wind sales takes a most prominent place by the side of actual changed conditions of acreage or of the development of the crop. In other words, mischievous factors arise to prevent the free action of the law of supply and demand, and the trading pit becomes an agency interfering with wha
(Typographical errors above are due to OCR software and don't occur in the book.)
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
Résultats de recherche pour Functions and Needs of Our Great Markets (Classic Reprint)
Image d'archives
Functions and Needs of Our Great Markets (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book explores the functions and needs of markets across the world and throughout their history. Unlike national crop reporting systems, markets have international scope and consider production and supply in addition to demand. The book explains how markets have combined these factors to crystallize and determine commodity prices. The author argues that while markets serve a necessary purpose in setting prices, they have serious flaws in that their speculative trading does not accurately reflect actual conditions. Entities such as the Louisiana lottery exploit this flaw, and the markets' current speculative practices lead to economic consequences for the public. The book highlights the need for reform to preserve elements of the market that are beneficial while eliminating the excesses. Ultimately, the book asserts that in order to address these issues, more people need to become engaged with these institutions from both philosophical and practical standpoints. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9780243091478_0
Acheter neuf
EUR 15,73
Livraison gratuite
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : Plus de 20 disponibles
Image d'archives
Functions and Needs of Our Great Markets (Classic Reprint)
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780243091478
Acheter neuf
EUR 25,05
Livraison gratuite
Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
Quantité disponible : 15 disponible(s)
Image d'archives
Functions and Needs of Our Great Markets (Classic Reprint)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9780243091478
Acheter neuf
EUR 24,81
Expédition à EUR 3,94
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)