Among Alfred Marshall's areas of expertise was monetary analysis, but he did not have the opportunity to publish a systematic presentation of his views until his later years. "Money, Credit, and Commerce", devoted to this subject, was his last major work. Among the proposals made in this work for which he is most remembered is the adoption of 'symmetalism', a plan for the combined use of gold and silver as the monetary base. Marshall also expressed his views on the relation of business fluctuations and the credit market to general unemployment. He saw reckless inflation of credit as the main cause of economic troubles. For students of economics and monetary policy "Money, Credit, and Commerce" remains a valuable book.
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Historical Economics,
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Historical Economics with modern applications. They had a lot to say back then, and sometimes they understood it better than we do today.
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1. The modern notion of economic nationality, which found some place in the aspirations of many small States in early times, was developed by Mediaeval City-States; and was passed on by them through Holland to England and other countries. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bank of England, United States, Adam Smith, Principles of Economics, E's Government, Middle Ages, Continent of Europe, Latin Union, Lord Overstone, New Zealand, Indian Currency Committee, Lombard Street, United Kingdom Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
1. The modern notion of economic nationality, which found some place in the aspirations of many small States in early times, was developed by Mediaeval City-States; and was passed on by them through Holland to England and other countries. Read the first page Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bank of England, United States, Adam Smith, Principles of Economics, E's Government, Middle Ages, Continent of Europe, Latin Union, Lord Overstone, New Zealand, Indian Currency Committee, Lombard Street, United Kingdom Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
73
books
cite this book:
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- Anticipations of the General Theory?: And Other Essays on Keynes by Don Patinkin on 5 pages
- Inflation and Unemployment: Contributions to a New Macroeconomic Approach (Routledge Studies in the Modern World Economy) by Mauro Baranzini on 4 pages
- Measurement, Quantification and Economic Analysis: Numeracy in Economics by Ingrid H. Rima on 4 pages
- Classical Macroeconomics: Some Modern Variations and Distortions (Routledge Studies in the History of Economics) by James C.W. Ahiakpor on page 43, page 67, and page 84
- Manias, Panics, and Crashes: A History of Financial Crises (Wiley Investment Classics) by Charles P. Kindleberger in Back Matter (1), Back Matter (2), and Back Matter (3)
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