Excerpt from Money and Value: An Inquiry Into the Means and Ends of Economic Production, With an Appendix on the Depreciation of Silver and Indian Currency
Should be rightly understood. But nothing is to be gained by rashly bringing forward charges of fraud or falsehood. For when it comes to the point, a natural sense of justice recoils from holding any man guilty of such flagrant Offences unless clear proof of ill intention can be adduced. What is specially required in dealing with such matters is, that recklessness and negligence should be recognised as very grave faults, involving a liability to an appropriate penalty, both in law and in public estimation. But there are two Sides to this question. Upright and capable men will neither claim prescience nor put themselves in a position to be held answerable for the want of it by the operation of any one-sided law which ignores the fact that risks and reverses are in separable from all industrial enterprizes.
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Paperback. Zustand: New. Print on Demand. This book explores the nature of value and its connection to money, seeking to explain the role of money and its impact on industry. The author argues that the precious metals are uniquely suited to serve as money due to their durability and generalized value, which rests on their usefulness as a medium of exchange rather than on any inherent qualities. The book challenges the notion that the value of money is determined solely by its material worth, instead emphasizing its dependence on the complex interplay of supply and demand, scarcity, and human desires. The author also examines the historical evolution of metallic money, tracing its origins in ancient societies to its widespread use in modern economies. This comprehensive analysis offers valuable insights into the nature of value, the functions of money, and the historical and economic factors that have shaped our understanding of these concepts. 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 9781330283882_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330283882
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330283882
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Zustand: Hervorragend. Zustand: Hervorragend | Seiten: 426 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Bestandsnummer des Verkäufers 25733870/1
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