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Inhaltsangabe
Excerpt from The Work of the Stock Exchange
Finally, the many controversial questions with which the whole subject of financial economics abounds have wherever possible been avoided, for the writer claims no adherence to any particular school of economic thought, nor has he any de sire, by producing either a panegyric or polemic, to enter into controversy for its own sake. Yet certain mooted problems have inevitably stood in his path, and they have been met with such fairness and practical knowledge of the subject as the author possesses. It is doubtless too much to think that all economists will agree with the views expressed in the present volume, for thus far no economic work of like nature has ever enjoyed so happy a fate. Enough will have been done if he has described and explained the machinery and the functions of the Exchange simply and clearly, without bandying abstrae tions, or employing the cloudy and impotent metaphysics into which economic controversy only too often degenerates.
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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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Excerpt from The Work of the Stock Exchange
Finally, the many controversial questions with which the whole subject of financial economics abounds have wherever possible been avoided, for the writer claims no adherence to any particular school of economic thought, nor has he any de sire, by producing either a panegyric or polemic, to enter into controversy for its own sake. Yet certain mooted problems have inevitably stood in his path, and they have been met with such fairness and practical knowledge of the subject as the author possesses. It is doubtless too much to think that all economists will agree with the views expressed in the present volume, for thus far no economic work of like nature has ever enjoyed so happy a fate. Enough will have been done if he has described and explained the machinery and the functions of the Exchange simply and clearly, without bandying abstrae tions, or employing the cloudy and impotent metaphysics into which economic controversy only too often degenerates.
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.
Reseña del editor
Excerpt from The Work of the Stock Exchange
During the past half-century the entire machinery of production, transportation, and distribution by which modern civilization is fundamentally sustained, has grown both in the volume of its transactions and in the complexity of its mechanism with a speed altogether unparalleled in history. Particularly in our own new and still unsettled country, so relentlessly swift an evolution in these respects has been experienced that public opinion and public knowledge have by no means kept pace with it. Thus, even if we do not quite misunderstand the financial institutions and methods of today, we are nevertheless only too prone to judge them by the standards of an economic America which already has largely ceased to exist. This dangerous tendency of public understanding to lag far behind the economic progress of the nation was, indeed, clearly stated some decades ago by W. G. Sumner in the following terms: "Our scientific knowledge of the laws which govern the life of man in society must keep pace with this development, or we shall find our social tasks grow faster than our knowledge of social science, and our society will break to pieces under the burden."
After the acute economic convulsions which have resulted from the war, it is more than ever important to make available to the entire reading public of the United States accurate and dependable information concerning all parts of the economic structure of the nation. To this gigantic educational task many published economic studies and many far-sighted institutions of learning have already bent their efforts. Such an educational movement should, of course, include a careful consideration of the present-day money and securities markets.
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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Paperback. Zustand: New. Print on Demand. This book offers a meticulous examination of the evolution and significance of securities in the contemporary economic landscape. The author elucidates the historical development of government financing and corporate securities, tracing their origins from the earliest forms of public and private borrowing. The book delves into the complexities of government debt and the role of securities in financing wars and public projects. It also explores the rise of the stock corporation, emphasizing its impact on business organization and the mobilization of capital. The author examines the various types of securities, including stocks, bonds, and derivatives, and explains their distinct characteristics and functions. The book sheds light on the mechanisms of stock exchanges and their vital role in facilitating the trading of securities. This book provides a comprehensive analysis of the economic, social, and historical forces that have shaped the world of securities. It offers valuable insights into the complex interactions between governments, corporations, investors, and the markets that connect them, making it an indispensable guide for anyone seeking to understand the intricacies of 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. Bestandsnummer des Verkäufers 9781330265925_0
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