Money and the Mechanism of Exchange - Couverture souple

Jevons, W Stanley; Jevons, William Stanley

 
9781596052604: Money and the Mechanism of Exchange

Synopsis

In preparing this volume, I have attempted to write a descriptive essay on the past and present monetary systems of the world, the materials employed to make money, the regulations under which the coins are struck and issued, the natural laws which govern their circulation, the several modes in which they may be replaced by the use of paper documents, and finally, the method in which the use of money is immensely economized by the cheque and clearing system now being extended and perfected. -from the Preface As the global economy reels from ongoing threats of terrorism, skyrocketing oil prices, war, and political strife, this classic exploration of the basics of our sophisticated economic environment offers a profound look at what we often take for granted. Jevons, a pioneer of modern economic thought, examines: - the early history of money - the invention of coins - the principles of circulation - the varieties of promissory notes - the fundamental nature of credit - the basis of a national economy - and much more. First published in 1875, this remains a vital foundation for understanding the world monetary situation we face in the 21st century. English economist and logician W. STANLEY JEVONS (1835-1882) was born in Liverpool. He studied chemistry and botany at University College, London, and was later professor of logic and political economy at Owens College, Manchester. He is also the author of The Theory of Political Economy (1871) and The State in Relation to Labour (1882).

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Présentation de l'éditeur

In preparing this volume, I have attempted to write a descriptive essay on the past and present monetary systems of the world, the materials employed to make money, the regulations under which the coins are struck and issued, the natural laws which govern their circulation, the several modes in which they may be replaced by the use of paper documents, and finally, the method in which the use of money is immensely economized by the cheque and clearing system now being extended and perfected. This is not a book upon the currency question, as that question is so often discussed in England. I have only a little to say about theB ank Charter A ct, and upon that, and other mysteries of the money market, I refer my readers to the admirable essay of Mr.
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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.

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