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Synopsis
Excerpt from Stabilizing the Dollar
Tim fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable. The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial dis content. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized. To show that permanent stability can be secured is the chief aim of this book; and a specific and de tailed plan for this purpose is presented.
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Présentation de l'éditeur
The fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable. The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial discontent. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized. To show that permanent stability can be secured is the chief aim of this book; and a specific and detailed plan for this purpose is presented. The first sketch of this plan was published in 1911 (in my Purchasing Power of Money). It was later presented before the International Congress of Chambers of Commerce at Boston, September, 1912, and again before the American Economic A ssociation, December, 1912. The plan was elaborated in the Quarterly Journal of Economics, February, 1913. In October, 1917, I gave the Hitchcock lectures at the University of California, using much of the material published now, for the first time, in this book.
(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
Présentation de l'éditeur
Excerpt from Stabilizing the Dollar: A Plan to Stabilize the General Price Level, Without Fixing Individual Prices
The fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable.
The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial discontent. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized.
To show that permanent stability can be secured is the chief aim of this book; and a specific and detailed plan for this purpose is presented.
The first sketch of this plan was published in 1911 (in my Purchasing Power of Money). It was later presented before the International Congress of Chambers of Commerce at Boston, September, 1912, and again before the American Economic Association, December, 1912. The plan was elaborated in the Quarterly Journal of Economics, February, 1913.
In October, 1917, I gave the Hitchcock lectures at the University of California, using much of the material published now, for the first time, in this book.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
- ÉditeurForgotten Books
- Date d'édition2019
- ISBN 10 1440054037
- ISBN 13 9781440054037
- ReliureBroché
- Langueanglais
- Nombre de pages357
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Stabilizing the Dollar A Plan to Stabilize the General Price Level, Without Fixing Individual Prices Classic Reprint
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781440054037
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Stabilizing the Dollar A Plan to Stabilize the General Price Level, Without Fixing Individual Prices Classic Reprint
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781440054037
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Stabilizing the Dollar: A Plan to Stabilize the General Price Level
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
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Paperback. Etat : New. Print on Demand. This book explores the concept of how price levels can be stabilized, arguing that an unstable price level is the main source of injustice, violence, and social upheaval. It makes the case that the purchasing power of currency has always been unstable, as historically no instrument for measuring its aberrations had been conceived. However, thanks to the introduction of the price index, we can now rectify this. The author demonstrates how money can control price level, showing that the more gold in a dollar, the greater its buying power and subsequently, the lower the price level. The author concludes by discussing a way to standardize our monetary units, advocating for a reform that would safeguard agreements made at one date to pay money at another, by adjusting the dollar for purchasing power. The book delves into many historical price movements, analyzes their causes, and proposes an ingenious and simple solution to avert future social injustice from price level instability. 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 9781440054037_0
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Fisher, I: Stabilizing the Dollar
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Etat : New. KlappentextrnrnExcerpt from Stabilizing the Dollar: A Plan to Stabilize the General Price Level, Without Fixing Individual PricesrnrnTim fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is u. N° de réf. du vendeur 2148535977
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Stabilizing the Dollar: A Plan to Stabilize the General Price Level Without Fixing Individual Prices (Classic Reprint)
impression à la demandeVendeur : Revaluation Books, Exeter, Royaume-Uni
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Paperback. Etat : Brand New. 360 pages. 9.00x6.00x0.82 inches. This item is printed on demand. N° de réf. du vendeur zk1440054037
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