The Money Problem (Classic Reprint) - Couverture souple

Arthur Kitson

 
9781330070932: The Money Problem (Classic Reprint)

Synopsis

The digital edition of all books may be viewed on our website before purchase. Excerpt from The Money Problem (Classic Reprint)



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Présentation de l'éditeur

March 29th, 1895 Here is a book which disturbs classifications, which is unorthodox, which sets aside some very widely received opinions as of little worth, and which presents its own side of certain vital questions with a persistency and logical force from which it is hard for an unprejudiced reader to escape. Despite the fact that we have long since learned to discredit the school of A damS mith andR icardo, we cling desperately to certain fallacies which lie at the base of their systems. We perceive that A damS mith enunciated theories which, whether true or not at his time and under the conditions which he had in mind, are utterly false as applied to the United States to-day. Yet we continue to regard A damS mith with a sort of filial piety as the father of political economy, whose every utterance bears the stamp of inspiration. We know perfectly well that Ricardo sT heory of Rent is as untenable as Malthus Theory of Population ;yet we hesitate to relegate both to the same limbo. Tradition is nowhere more powerful than in that experimental bundle of theories which we misname theS cience of Political Economy, yet it is of the first importance that tradition be not suffered to blind us to the invaluable results of experience. It is against tradition that Mr. Kitson squarely sets his argument. He sees what many of us have been seeing for a long while that the great source of traditional error is in the conception of the nature of value. If he had done nothing more than point out the broad distinction between the terms value and purchasing power, he would have deserved well of a long-suffering people.
(Typographical errors above are due to OCR software and don't occur in the book.)

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Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

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Présentation de l'éditeur

Leopold is delighted to publish this classic book as part of our extensive Classic Library collection. Many of the books in our collection have been out of print for decades, and therefore have not been accessible to the general public. The aim of our publishing program is to facilitate rapid access to this vast reservoir of literature, and our view is that this is a significant literary work, which deserves to be brought back into print after many decades. The contents of the vast majority of titles in the Classic Library have been scanned from the original works. To ensure a high quality product, each title has been meticulously hand curated by our staff. This means that we have checked every single page in every title, making it highly unlikely that any material imperfections – such as poor picture quality, blurred or missing text - remain. When our staff observed such imperfections in the original work, these have either been repaired, or the title has been excluded from the Leopold Classic Library catalogue. As part of our on-going commitment to delivering value to the reader, within the book we have also provided you with a link to a website, where you may download a digital version of this work for free. Our philosophy has been guided by a desire to provide the reader with a book that is as close as possible to ownership of the original work. We hope that you will enjoy this wonderful classic work, and that for you it becomes an enriching experience. If you would like to learn more about the Leopold Classic Library collection please visit our website at www.leopoldclassiclibrary.com

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