The digital edition of all books may be viewed on our website before purchase. Excerpt from The Works, Vol. 5 of 6: Political, Metaphysical, and Chronological (Classic Reprint)
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Princes of Hlndoftan have iii all ages confidered the coining of money as an appendage off vereignty, as well as a branch of revenue. The pra6lice of giving arbitraiy denominations to certain coins, beyond the proportion of their intrinfic value with refpedi: to others, is an abufe of very old (landing; and nothing can be more contrary to ,every principle, by which the precious metals have been adopted, as a meafure for afcertaining the worth, and as a medium of commerce, or an equivalent for all commodities. From the moll early accounts we have of the mercantile tranfadions of mankind, we find filver and gold, and even bafer metals, made ufe of as equivalents for the purchafe of goods.
(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. This book is an analysis of the principles of money as they apply to the 18th-century East India Company's Bengal currency. It examines the relationship between the weight, purity, and denomination of coins in circulation at a time when numerous rulers and governments simultaneously issued currency, which led to confusion and instability. The author argues that the key to understanding the monetary systems of this period is to examine the intrinsic value of the coins themselves rather than their face value, as this determines their true worth and their relationship to the broader economy. Through a detailed examination of specific historical examples, such as the recoinage of silver rupees and the introduction of gold mohurs, the book provides a clear and insightful analysis of the complex monetary landscape of 18th-century Bengal. Its findings shed new light on the challenges of maintaining a stable and reliable currency in a pre-industrial economy and offer valuable insights into the history of money and its role in shaping societies. 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 9781331527695_0
Quantité disponible : Plus de 20 disponibles
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-9781331527695
Quantité disponible : 15 disponible(s)
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-9781331527695
Quantité disponible : 15 disponible(s)