Excerpt from The Principles and Practical Operation of Sir Robert Peel's Act of 1844, Explained and Defended
I. A preliminary chapter on the question, whether Bank-notes, immediately convertible into coin, should be placed, in common with coin, in the category of money; or, in common with cheques and bills of Exchange, in the category of credit?
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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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Da: Forgotten Books, London, Regno Unito
Paperback. Condizione: New. Print on Demand. This book delves into the 1844 Act that reformed the standards and practices of England's banking system. The author's main focus is to compare and contrast the principles of convertible paper currency with inconvertible paper currency. The author provides a detailed history of the evolution of currency and banking practices and also makes the case for the separation of the functions of issue and discount. Along the way, he provides a critique of other economic thinkers of the day, including David Ricardo and James Mill. Ultimately, the author argues that a convertible paper currency backed by metallic money is superior to an inconvertible paper currency, and provides more stability and security for the financial system. 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 9781330556399_0
Quantità: Più di 20 disponibili
Da: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330556399
Quantità: 15 disponibili
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330556399
Quantità: 15 disponibili