9780243099184 - the theory of credit, vol. 2 of 2: part i (classic reprint) von macleod, henry dunning (3 Ergebnisse)
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Paperback. Zustand: New. Print on Demand. This book delves into the intricate world of credit and banking, tracing its historical roots back to ancient Rome and exploring its evolution through the centuries. The author sheds light on the often misunderstood concepts of credit, money, and banking, dispelling common myths and misc…onceptions. The book delves into the mechanics of commercial credit, including the use of bills of exchange and the distinctions between real and accommodation bills. It examines the role of credit in both transferring existing commodities and creating new products, highlighting its impact on economic growth and development. With a focus on the practical applications of credit in commerce and banking, the author explores topics such as the clearinghouse system, cash credits, foreign exchanges, and the nature of public debt. The book challenges conventional economic theories, including the wages fund theory and prevailing notions about the relationship between money, credit, and interest rates. By providing a comprehensive understanding of the principles and mechanisms of credit and banking, this book offers valuable insights into the functioning of modern economies and the vital role that credit plays in shaping our financial landscape. 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.
