The Natural Law of Money
Author | : William Brough |
Publisher | : Jazzybee Verlag |
Total Pages | : 124 |
Release | : 2017 |
ISBN-10 | : 9783849649982 |
ISBN-13 | : 3849649989 |
Rating | : 4/5 (989 Downloads) |
Download or read book The Natural Law of Money written by William Brough and published by Jazzybee Verlag. This book was released on 2017 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook is successful where Jevons falls. The author illustrates the evolution of money and credit by reference to the monetary history of this country, the salient features of which he points out. . . . The prevailing idea of the author is his opposition to any legal-tender law. He pleads for free as opposed to mandatory money. In applying this to our own condition, he presents in strong colors the arguments for a bank-note currency as against a government paper currency. . . . The broad standpoint the author occupies in discussing the currency problems, and the emphasis he places on credit and its extension, that is. on the close connection between the money and the banking problem, gives the book a peculiar value. Everything is centred about the distinction between an artificial and a natural monetary system.