The book argues that price declines were driven by real-world factors beyond gold supply, not just currency changes.
This edition examines how complexities in production, technology, and global trade have shaped prices. It challenges common assumptions about monetary influence and aims to clarify the forces behind the late fall in prices, focusing on concrete evidence and careful reasoning.
Ideal for readers of economic history and policy debates who want a clear, evidence-based view of what really moves prices.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book investigates the causes behind the substantial fall in prices that coincided with Germany demonetizing silver. The author draws on the insights of prominent economists, including John Stuart Mill, to argue that the fall was not due to a scarcity of gold. Instead, specific factors affecting the supply and demand of individual commodities, such as improvements in production and distribution methods, as well as shifts in consumer demand and utility, were responsible for the price declines. The author presents evidence to support their claims, demonstrating that the volume of gold in circulation remained largely unchanged and that the fall in prices was not a result of appreciation in the value of gold. The book offers a comprehensive analysis of the complex factors influencing price fluctuations and challenges the prevailing view that the decline was primarily driven by a shortage of gold. 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 9781333341862_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-9781333341862
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-9781333341862
Quantité disponible : 15 disponible(s)