The Principles and Practical Operation of Sir Robert Peel's Bill of 1844 (Classic Reprint): Explained and Defended Against the Objections of Tooke, ... Tooke, Fullarton and Wilson (Classic Reprint) - Tapa blanda

Torrens, R.

 
9781332181513: The Principles and Practical Operation of Sir Robert Peel's Bill of 1844 (Classic Reprint): Explained and Defended Against the Objections of Tooke, ... Tooke, Fullarton and Wilson (Classic Reprint)

Sinopsis

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.

What you will experience


  • Historical context for the 1844 Act and its goals for currency reform

  • Plain explanations of convertibility, reserves, and the Bank’s role as issuer

  • Summaries of major arguments from contemporary critics and the book’s responses

  • Discussion of broader banking principles and the difference between issue and deposits



Ideal for readers of economic history and policy debates, this edition clarifies complex ideas with a focus on practical outcomes and accessible reasoning.

"Sinopsis" puede pertenecer a otra edición de este libro.

Reseña del editor

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.

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.

"Sobre este título" puede pertenecer a otra edición de este libro.

Otras ediciones populares con el mismo título