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An Inquiry Into the Laws Which Regulate the Circulation and Distribution of Wealth (Classic Reprint) - Brossura
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Excerpt from An Inquiry Into the Laws Which Regulate the Circulation and Distribution of Wealth
It holds as a rule that gold and silver are of the great est value in the poorest countries, and of the lowest value in the richest. They are hoarded in one case, they are consumed for luxury in the other. Neither their value nor circulation is uniform. The productive energies of civilized nations are thus arrested and paralysed through a cause which operates on every element of human so ciety. Any circumstance Which arises to increase the activity of circulation calls forth at once powers of pro duction Which surpass all ordinary estimate.
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Paperback. Condizione: New. Print on Demand. This book explores the historical and economic principles that govern the production and distribution of wealth. The author demonstrates how the adoption of gold and silver as a medium of exchange, while initially convenient, has created a fundamental barrier to equitable distribution and economic progress. The book traces the impact of money supply on industry and trade throughout history, highlighting the tendency for scarcity to inhibit growth and abundance to lead to inflation and instability. Through a comprehensive analysis of monetary policy and its consequences, this book offers valuable insights into the complex relationship between money, wealth, and human prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781330223970_0
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330223970
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