9781333044664 - An Introduction to the Study of Prices: With Special Reference to the History of the Nineteenth Century (Classic Reprint) de Layton, Walter T. (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book begins with general questions surrounding the purchasing power of money and the constant fluctuation of price levels, and then goes on to take a deep dive into price history from the 19th century. The author walks the reader through the various economic theories that have been developed in response to price changes over the years. The author refers to factors such as the discovery of gold in California and Australia in 1850 and the establishment of the gold standard in several important countries during the 1870s and 1880s, and their effects on price trends. The book also examines how monetary factors can cause price level changes, and the consequences of those changes on distribution of wealth and social unrest. It further looks at the ways in which various income-receivers are affected by rising or falling prices and then ascertains from 19th-century history whether the conclusions arrived at on theoretical grounds bear out in the real world. The author posits that changes in general prices affect the material prosperity of the community as a whole, and that price instability can alter the distribution of 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.