Synopsis
This book examines the impact and risks of war finance by dissecting economic policy in Britain during World War I. The author argues that a failure to heed basic economic principles and a focus on reckless opportunism led to an inflation of the currency, a rise in prices, and ultimately the degradation of the nation's spirit. Considering the concepts of inflation, the quantity theory of money, and the abandonment of the gold standard, this book delves into the historical and theoretical context of war finance. The author posits that the rise in general prices observed during and after WWI was due more to an increase in the quantity of money than to an expansion of trade. The book further highlights the challenges of reconciling the different explanations of price changes based on monetary and commodity factors. The insights provided in this book serve as a valuable reminder of the enduring importance of sound economic policy, particularly during times of war.
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War Finance (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 4 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book examines the impact and risks of war finance by dissecting economic policy in Britain during World War I. The author argues that a failure to heed basic economic principles and a focus on reckless opportunism led to an inflation of the currency, a rise in prices, and ultimately the degradation of the nation's spirit. Considering the concepts of inflation, the quantity theory of money, and the abandonment of the gold standard, this book delves into the historical and theoretical context of war finance. The author posits that the rise in general prices observed during and after WWI was due more to an increase in the quantity of money than to an expansion of trade. The book further highlights the challenges of reconciling the different explanations of price changes based on monetary and commodity factors. The insights provided in this book serve as a valuable reminder of the enduring importance of sound economic policy, particularly during times of war. 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 9781331196556_0
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War Finance Classic Reprint
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781331196556
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EUR 36,33
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Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
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War Finance Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781331196556
Acheter neuf
EUR 31,73
Expédition à EUR 6,81
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)