American Labor (Classic Reprint): Its Great Wrongs, and How It Can Redress Them, and Obtain for Itself Great and Lasting Prosperity, Restore Harmony to the Country, and Purity to the Government - Couverture souple

Warren, Marvin

9781334964589: American Labor (Classic Reprint): Its Great Wrongs, and How It Can Redress Them, and Obtain for Itself Great and Lasting Prosperity, Restore Harmony to the Country, and Purity to the Government

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ISBN 10 : 1334964580 ISBN 13 : 9781334964589

Editeur : Forgotten Books, 2018

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This book examines the stark contrast between the economic prosperity found in France and the simultaneous labor oppression in the United States and Germany during the late 19th century. The author argues that this discrepancy was caused by the different monetary policies of each nation. While the US and Germany chose to limit the supply of their currency to match the supply of gold, France increased its currency supply. The author demonstrates that by increasing the money supply, France was able to keep its labor force fully employed, leading to the increased production of goods, a rise in wages, and ultimately economic prosperity. The author concludes that the key to economic prosperity is not a limited currency supply backed by gold, but rather a currency supply that is sufficient to keep the labor force fully employed. This book provides valuable insights into the relationship between monetary policy and economic prosperity, and offers lessons that are still relevant today.

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1334964580
ISBN 13: 9781334964589
Reliure: Broch�
Nombre de pages: 160
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American Labor (Classic Reprint)

Marvin Warren

Edit� par Forgotten Books, 2018

ISBN 10 : 1334964580 ISBN 13 : 9781334964589

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book examines the stark contrast between the economic prosperity found in France and the simultaneous labor oppression in the United States and Germany during the late 19th century. The author argues that this discrepancy was caused by the different monetary policies of each nation. While the US and Germany chose to limit the supply of their currency to match the supply of gold, France increased its currency supply. The author demonstrates that by increasing the money supply, France was able to keep its labor force fully employed, leading to the increased production of goods, a rise in wages, and ultimately economic prosperity. The author concludes that the key to economic prosperity is not a limited currency supply backed by gold, but rather a currency supply that is sufficient to keep the labor force fully employed. This book provides valuable insights into the relationship between monetary policy and economic prosperity, and offers lessons that are still relevant today. 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 r�f. du vendeur 9781334964589_0

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