Some Aspects of Banking Theory (Classic Reprint) - Couverture souple

William Howard Steiner

 
9781330478622: Some Aspects of Banking Theory (Classic Reprint)

Synopsis

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Présentation de l'éditeur

In the study which follows, an attempt has been made to select for detailed analysis certain aspects of the institution of banking which it is believed are of fundamental importance for an understanding of the role which banking plays in modern economic society. The aim has not only determined the general character of the topics discussed, but has also set definite limits to the scope of the study and to the problems which are considered. The operation of the banking system as a whole is of interest, rather than the question of its technical organization, while for the purpose at hand the reserve problem is of little consequence, and neither it nor the influence which the banking system may exert upon general prices has been discussed at length. The aim has likewise influenced the method of treatment. The analysis proceeds almost entirely upon the real as distinguished from the pecuniary level, and the psychology of credit has not been considered. At the same time, however, due attention has been given to the evolutionary character of the modern institution of banking, and the assistance obtained therefrom in arriving at a better understanding of the institution itself. Inasmuch as the purpose has been primarily constructive rather than critical, mention has been made of other writers only incidentally, in connection with the discussion of specific problems.
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