Articles liés à Money and the Mechanism of Exchange (Classic Reprint)

Money and the Mechanism of Exchange (Classic Reprint) - Couverture souple

Jevons, W. Stanley

 
9781330343654: Money and the Mechanism of Exchange (Classic Reprint)

Synopsis

How money really moves—from coin to paper to global markets—and what it costs to keep the system alive. This book examines the machinery behind modern currency, including how coins wear down, how seignorage works, and why nations debate single central paper standards. It also looks at the idea of international money and how a uniform system could simplify trade and statistics.

Written for readers who want clear, practical insight into money’s daily functioning, the work explains the balance between government oversight and market forces. It covers the costs of minting, the fate of private issues, and how the weight and quality of money affect its value in everyday payments.




  • How seignorage and wear affect the real cost of coinage

  • The four main items in currency costs: interest, wear, minting, and losses

  • Why some economists favor a single, uniform paper currency backed by gold

  • Possible benefits and risks of an international money system



Ideal for readers of economics and history who want a concise, accessible view of money’s real-world mechanics.

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Présentation de l'éditeur

In preparing this volume, I have attempted to write a descriptive essay on the past and present monetary systems of the world, the materials employed to make money, the regulations under which the coins are struck and issued, the natural laws which govern their circulation, the several modes in which they may be replaced by the use of paper documents, and finally, the method in which the use of money is immensely economized by the cheque and clearing system now being extended and perfected. This is not a book upon the currency question, as that question is so often discussed in England. I have only a little to say about theB ank Charter A ct, and upon that, and other mysteries of the money market, I refer my readers to the admirable essay of Mr.
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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

Présentation de l'éditeur

This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide. This text refers to the Bibliobazaar edition.

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