The Natural Law of Money - Couverture souple

Brough, William

Couverture souple

ISBN 10 : 1596052589 ISBN 13 : 9781596052581

Editeur : Cosimo Classics, 2005

Synopsis

In the opinion of the Fathers of the Republic coin was the only money that the people needed; paper was but an incident, a make-shift that might be used to bridge over periods of scarcity of coin; it was in no sense regarded as a permanent medium of exchange. William Brough, Chapter VII: Mandatory Money and Free Money "Here we see how money first came into use in the world.it becomes money only when it is used as the common medium of exchange." First published in 1896, The Natural Law of Money is a fascinating look into the mind of the man who played a pivotal role in world of economic thinking. William Brough argues forcefully that privately supplied money offers benefits not offered by government-supplied money. Contents include. - The Beginning of Money - Bi-Metallism and Mono-Metallism - Paper-Money and Banking - Paper-Money in Colonial Times - Monetary System of Canada as Contrasted with that of The United States - Money, Capital, and Interest - Mandatory Money and Free Money - The Hoarding Panic of July 1893 WILLIAM BROUGH (b.1826) began to study medicine as a young man but abandoned it to join the world of business. He moved to New York in the mid-19th century and then to Pennsylvania, where he was a pioneer in the development of the oil industry. Upon his retirement, he devoted his time to the study of economics that resulted in a tenured professorship in his name at Williams College.

A propos du livre

Présentation de l'éditeur

This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide. This text refers to the Bibliobazaar edition.

Présentation de l'éditeur

"IT may be well to explain at the outset what is meant to be conveyed by the phrase "the natural law of money." While it is true that money is a product of man's labor, and that it derives all its usefulness from the actions of men, it was not planned and brought into existence with an intelligent prevision of its nature and workings. It would be more correct to say that it came into use because it possessed inherent properties which fitted it for certain services, and that men appropriated it when they felt the need of the services. "...

Détails de l'édition

• Éditeur: Cosimo Classics
• Date d'édition: 2005
• Langue: anglais
• ISBN 10: 1596052589
• ISBN 13: 9781596052581
• Reliure: Broché
• Nombre de pages: 176
• Coordonnées du fabricant: non disponible
• Personne responsable: GPSR Kontakt; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne