Modern Currency Reforms
| Preis: | 26.95 EUR* (inkl. MWST zzgl. Versand - Preis kann jetzt höher sein!) |
| Versand: | 0.00 EUR Versandkostenfrei innerhalb von Deutschland |
| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Kemmerer, Edwin Walter) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Modern Currency Reforms: A History and Discussion of Recent Currency Reforms in India, Porto Rico, Philippine Islands, Straits Settlements and Mexico The student of economics often expresses regret that his science does not submit itself to the laboratory method of investigation which has proven so fruitful in the natural sciences. His phenomena are too complex and too closely related to human welfare to permit of their reduction to simple elements and of the bringing together of these elements into different combinations so as to study the varying results. The facts of economic science must be studied in the complex forms in which they develop, and their development is usually slow. Such is particularly the case in monetary science, and one of the results is that this science is shot through and through with controversial problems. The nearest approach the economist has to the laboratory method in studying monetary problems is through the study of modern currency reforms. Here the phenomena are deliberately manipulated; entire currency systems of long years standing, upon which the business and the credit of millions of people have been based, systems in which prejudice and custom have wrought their work, are entirely transformed in a short period - a few years or perhaps only a few months. A silver standard, as in Mexico, or a fiduciary standard, as in Porto Rico, is transformed into a gold standard; a fiduciary standard, as in the Philippine Islands, is transformed into a gold-exchange standard. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.
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