The Science of Money (Classic Reprint) - Couverture souple

Alexander Del Mar

 
9781330082430: The Science of Money (Classic Reprint)

Synopsis

Money is more than coins: it’s a measure of value and a force in history.

The Science of Money revisits what money is, how value is measured, and why prices move as numerical relations. It analyzes the laws that define units of value and the practical effects on trade, taxation, and finance.

This edition draws on historical data and critical inquiry to challenge common assumptions about money, value, and the economy. It explains how numbers, not just material weights, shape purchasing power and financial stability.


  • Explore value as a numerical relation that appears in exchange and how money serves as a measuring tool.

  • See how legal definitions of the unit of value influence commerce and taxation.

  • Learn how historical monetary systems impacted prices, debt, and trade disruptions.

  • Understand the relationship between money supply, interest, and economic stability.



Ideal for readers of economic history and monetary theory seeking a clear, historical perspective on how money really works.

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Présentation de l'éditeur

Continent, the recent increase of the gold product is awakening the attention of another class of money-dealers who are already discussing the means of avoiding what appears to them a grave peril to their interests. In other words, a section of Lombard Street is regarding South Africa precisely asL aH aute Banque viewed Nevada thirty years ago; and the proposed remedy will probably be of similar character. The reply toN evada was to close the mints to silver, and keep them open for gold; the reply to South Africa will be, to close them to gold, and reopen them to silver. A part from other considerations, the present vast consumption of gold in the arts renders it improbable that the vacuum caused by the demonetisation of silver will ever be filled with gold, whether from Africa or elsewhere. As to the note of alarm which has been sounded by the organs of usury, its sincerity may well be doubted. But assuming it to be both sincere and well-founded it is time to declare in the general interest that this huge see-saw between gold and silver money shall not be permitted to again disturb the affairs of commercial states.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

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

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

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