Clear, informed insight into Peel's 1844 Act and how it reshaped currency This book explains the origin of the act, the reasons behind its adoption, and the practical effects on the Bank of England’s note circulation. It also presents a detailed defense against notable critics and their competing ideas about money, banking, and policy.
The discussion traces the Act’s history from its beginnings to its intended protections for convertibility and financial stability. It surveys the debates among economists and policymakers, including Tooke, Fullarton, Wilson, and Danson, and explains why the reform mattered for merchants, bankers, and the public. The work emphasizes how the text interprets the Bank’s management of reserves, discounts, and note issues, and why these elements influenced prices and monetary stability.
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Excerpt from The Principles and Practical Operation of Sir Robert Peel's Bill of 1844: Explained and Defended Against the Objections of Tooke, Fullarton and Wilson
B 2of securing the convertibility of the currency. The proof Of their utter incapacity for the performance of this func tion reached the culminating point in 1839. The scarcely credible extent of their mismanagement is well described by Mr Tooke, in the third volume of his History of Prices.
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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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Librería: Forgotten Books, London, Reino Unido
Paperback. Condición: New. Print on Demand. This book explores the controversial Bank Charter Act of 1844, a pivotal moment in British economic history. The author delves into the origins, provisions, and impact of the Act, analyzing its effects on the British currency and banking system. The book examines the principles of monetary science as established by economists like Adam Smith and David Ricardo, then contrasts them with the new ideas proposed by figures like Tooke, Fullarton, and Wilson. The author analyzes the Act's intent to create a stable, convertible currency, arguing that the Act effectively maintained convertibility while promoting a more steady and resilient system, allowing for a greater degree of accommodation to commerce. The book explores the Actââ â¢s performance during periods of both economic boom and bust, demonstrating the effectiveness of its mechanism for regulating the circulation of money. By meticulously dissecting the Actââ â¢s impact through historical data and economic theory, the author offers profound insight into the complex relationship between government policy, banking practices, and national wealth. 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. Nº de ref. del artículo: 9781332181513_0
Cantidad disponible: Más de 20 disponibles
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332181513
Cantidad disponible: 15 disponibles
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781332181513
Cantidad disponible: 15 disponibles
Librería: Buchpark, Trebbin, Alemania
Condición: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Nº de ref. del artículo: 26069473/2
Cantidad disponible: 1 disponibles