Articles liés à The Theory of Money (Classic Reprint)

The Theory of Money (Classic Reprint) - Couverture souple

Robbins, Charles L.

 
9781440040399: The Theory of Money (Classic Reprint)

Synopsis

Understand how money moves and what drives prices in this revealing study.

Velocity of Money explains how the flow of cash, cheques, and deposits shapes prices and economic cycles. It blends theory with practical ways to measure how quickly money circulates, from pocket money to bank deposits, and shows why changes in spending, wages, and payments matter for inflation and growth.

  • Learn how economists define and measure velocity of circulation, including the move from coins to deposit currency and the role of wages and spending patterns.
  • See how current accounts, cheques, and bank deposits interact to influence the money supply and prices.
  • Explore the factors that speed up or slow down money in circulation, such as thrift, extravagance, and wage payment schedules.
  • Get a sense of historical application, with worked examples drawn from early 20th-century England’s banking data.
Ideal for readers of economics who want a clear, practical view of how money, banking, and prices are connected in real-world markets.

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Présentation de l'éditeur

England of recent years the theory of money has become a matter of oral tradition. In the United States, on the other hand, there has been, during the last fifteen years, a flood of literature which contains works of the highest interest and importance, and which has carried the theory of money definitely beyond the point at which it was left by Jevons. To theE nglish student, of course, this literature is easily available, and he cannot do better than study the originals. These originals, however, are often so bulky or so technical as to discourage the general reader, and I have therefore attempted in this book to set forth the more important results of recent American work, without omitting those divisions of the subject which are better known toE nglish students. Taken together with Cash and Credit, already published in this series, which relates chiefly to the subjects of foreign exchanges and banking, I hope that this book will give the reader a fairly thorough acquaintance with the theory of money, and will encourage him to turn to original sources.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

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