Monetary Economics (Classic Reprint) - Softcover
Excerpt from Monetary Economics
What was intended at first as a preface began soon to assume such proportions that it has been converted into the Introductory Chapter. Here, I need only say a word or two as to the general divisions of the book.
Definition is plainly impossible when the meanings of all the principal terms of the science are still the subjects of controversy. Yet we must have some guiding principle in regard to the use of these terms. That principle I have endeavoured to set forth in chapters one to four inclusive. On this follows some criticism of the theory of the Margin and of Marginal Utility in two chapters, succeeded, however, by three chapters on Value, in parts of which the criticism is continued. This may be said to close the first part of the book, though it is not formally divided into parts. Chapter ten is devoted to a summary of the reasoning up to that point. In the following four chapters Money and Credit are dealt with, then the nature and the creation of wealth, and the more or less neglected theory of Demand. The book closes with some chapters that are of a more distinctly practical character.
Chapter eleven, on the origin of Money, embodies an article which appeared in the Nineteenth Century and After. Chapter five, on the Margin, appeared first in the Journal of Political Economy, and was subsequently reproduced by M. Yves Guyot in the Journal des Economistes. I have also drawn upon some articles contributed to the Economic Review and to Mind, and have to thank the editors of all these journals for permission to make use of these contributions here.
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What was intended at first as a preface began soon to assume such proportions that it has been converted into the Introductory Chapter. Here, I need only say a word or two as to the general divisions of the book.
Definition is plainly impossible when the meanings of all the principal terms of the science are still the subjects of controversy. Yet we must have some guiding principle in regard to the use of these terms. That principle I have endeavoured to set forth in chapters one to four inclusive. On this follows some criticism of the theory of the Margin and of Marginal Utility in two chapters, succeeded, however, by three chapters on Value, in parts of which the criticism is continued. This may be said to close the first part of the book, though it is not formally divided into parts. Chapter ten is devoted to a summary of the reasoning up to that point. In the following four chapters Money and Credit are dealt with, then the nature and the creation of wealth, and the more or less neglected theory of Demand. The book closes with some chapters that are of a more distinctly practical character.
Chapter eleven, on the origin of Money, embodies an article which appeared in the Nineteenth Century and After. Chapter five, on the Margin, appeared first in the Journal of Political Economy, and was subsequently reproduced by M. Yves Guyot in the Journal des Economistes. I have also drawn upon some articles contributed to the Economic Review and to Mind, and have to thank the editors of all these journals for permission to make use of these contributions here.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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- PublisherForgotten Books
- Publication date2017
- ISBN 10 1330271408
- ISBN 13 9781330271407
- BindingPaperback
- Number of pages342
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Monetary Economics (Classic Reprint)
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ISBN 13: 9781330271407
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Book Description Paperback. Condition: New. Print on Demand. Excerpt from Monetary Economics. About the Publisher, Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9781330271407_0
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