Труды по ЭКОНОМИКЕ 1 / Hildreth R
New Theory of Banking,
The reasons which have caused the precious metals to be so generally adopted as money, that is, 1st, as a measure of value, 2nd, as a medium of exchange, are mentioned in every treatise upon political economy. It is to be observed, that notwithstanding these two offices are jumbled together under the single name of money, they are perfectly distinct in their nature, and as will presently appear, in some respects, incompatible.
The reason why the precious metals have been adopted as a measure of value, may be thus explained. Value, that is price, for in matters of trade, these two words are synonimous, depends 1st, upon supply,
Содержание
- Continuation of the History of the Bank of England. Stoppage and Resumption of Specie Payments.
- Continuation of the History of English Private Banks. Joint Stock Banks.
- First Bank of the United States.
- Second Bank of the United States. Resumption of Specie Payments.
- Continuation of the History of American Banks.
- Present State of American Industry and Trade.
- New Theory of Banking,
- Of a National Bank.