Excerpt from Money and BankingAbout the PublisherForgotten 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.
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Thb need of a suitable text or handbook on money and banking has doubtless been felt by every teacher of political economy. The complexity of the subject and the closeness of the reasoning often required render it peculiarly unsuitable for presentation to immature students in the form of lectures, and the voluminousness of the literature and the controversial character of a large part of it render a guide of some sort almost indispensable. No one of the books available for theE nglish-speaking student covers the entire ground in a comprehensive manner, and few, if any, of them have been written with the needs of the student distinctly in mind. The present book is the outcome of ten years experience in teaching large classes in the University of Wisconsin, and is presented to the public in the hope that students in other institutions as well as the average citizen who wishes to understand this subject may find it useful. I ts subject is modern currency, and it aims to analyze and explain the complex media of exchange of the great nations of the present day in such a way as to reveal the nature and workings of each element and the relations between them all. Besides money in the ordinary sense, therefore, it includes a discussion of banks in their relation to the currency, of the various forms of government notes, and of the machinery and methods of international exchange.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. In this comprehensive guide, the author analyzes the complex nature of money and banking in the modern era. Money serves as both a standard of value and a medium of exchange, while credit plays a vital role in facilitating transactions. The author traces the historical evolution of standards and units of value and discusses the impact of stability on the economy. This book explores the quantity theory of prices and its limitations, examining the intricate relationship between the quantity of money in circulation and price levels. Various forms of currency and their characteristics are examined, from metallic coins to paper notes and bank currency. The author delves into the concept of Gresham's Law, where undervalued coins are driven out of circulation by overvalued ones. Central banking systems and their role in regulating the money supply are also explored. This book's insights illuminate the fundamental principles of money and banking, providing valuable knowledge for economists, students, and anyone interested in understanding the intricacies of financial systems. 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 9781330344026_0
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Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330344026
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Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330344026
Quantité disponible : 15 disponible(s)
Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Taschenbuch. Etat : Neu. Neuware. N° de réf. du vendeur 9781330344026
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