INTRODUCTION The results I have reached by my observations and inquiries made, and from the study of the material placed before me, cannot, in consequence of the inadequateness of this material, lay claim to being fully scientific, but the present investigation may so far claim a scientific character, that I have endeavored by its means...
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Introduction Men are seen in their most improved condition, when associated together in large communities. The excitements of competition are then most strongly felt — enterprise and exertion are called forth and liberally rewarded. It is then that leisure and opportunity are found for the exercise and improvement of the mental powers ; thus knowledge...
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Preface There are few things of which I have occasion to advertize the Reader, before he enters upon the perusal of the following Work. My object has been to compose a school-book of Political Economy; to detach the essential principles of the science from all extraneous topics, to state the propositions clearly and in their logical...
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The reader, who honours the following sheets, with an attentive perusal, may probably find, that though we have advanced, by wide steps, during « the last century, in the science of politics, we have still much to learn ; and that the summit can only be gained, by substituting accurate research, for delusive speculation,...
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In 1897 the Editor of the Advocate of India invited me to contribute to its columns a narrative of the rise, growth and collapse of that colossal speculation popularly known in Bombay as the ” share mania,” a mania which in its ultimate consequences was more disastrous than either the South Sea Bubble Scheme,...
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My object in publishing the following Discourse has been to furnish the Students of Political Economy with a general view of the principles on which the science is founded; the distinguishing features of the most celebrated theories that have been advanced to explain its various results ; the distinction between it and Politics; the...
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THE immense accumulation of the Public Debts, and the depressed state of Public Credit, of the Revenue, and of the Funds, . at the close of the last War, together with the loss of several extensive and populous Colonies in North America, led some of the ablest and most experienced men in the Kingdom,...
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INTRODUCTION This little story, based on fact, represents, though feebly, the relation that exists between the producing classes and the banks of America. The courts, lawyers, and constabulary hold the same relation to the banks they do to the robbers above mentioned. The banks are the great disbursing agencies of the government, and the principal...
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THE PROBLEM For many years the country has suffered from recurring periods of severe financial stringency. During these periods interest rates have been excessively high, and business men have lost heavily through inability to obtain necessary loans and discounts from the banks. At times wide-spread panic and general suspension of payments by the banks...
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IN examining a piece of complex and delicate mechanism, suppose it to be the highest triumph of modern genius, the chronometer with the Arnold escapement, the first thing that impresses the eye is the exquisite finish and beauty of the workmanship, and the wonderful regularity and smoothness of the movement ; while the conviction...
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PREFACE. The object of these chapters, some of which were published in the “Financial Review of Reviews” during the autumn of 1910, is to present a study of the art of investment upon its industrial, rather than its financial, side, that is to say, to consider it in relation to the productive energy it...
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We should be apt to imagine, that, if any doctrine were thoroughly settled among mankind, it would be that respecting the production of wealth by the various classes. As circulators, men of every class have been, in all ages, employed in the pursuit of it, as the source of income, or the means of...
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ONE HUNDRED YEARS OF AMERICAN COMMERCE CONSISTING OF ONE HUNDRED ORIGINAL ARTICLES ON COMMERCIAL TOPICS DESCRIBING THE PRACTICAL DEVELOPMENT OF THE VARIOUS BRANCHES OF TRADE IN THE UNITED STATES WITHIN THE PAST CENTURY AND SHOWING THE PRESENT MAGNITUDE OF OUR FINANCIAL AND COMMERCIAL INSTITUTIONS WITH A CHRONOLOGICAL TABLE OF THE IMPORTANT EVENTS OF AMERICAN...
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PREFACE BY THE AUTHOR In the year 1860 Northumberland became the county of my adoption, and very soon after my settlement I was impressed with the wide and varied field that it offered for antiquarian research. I grew deeply interested in the past records of the county, and became personally acquainted with many present day...
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Contents, Abbreviations & Notes on Contributors 1 Introduction Jan Joost Teunissen 2 Global Imbalances and the Implications for Africa Louis Kasekende 3 East Asia’s Role in Resolving the New Global Imbalances Masaru Yoshitomi, Li-Gang Liu and Willem Thorbecke 4 An African Perspective: Comments on Yoshitomi, Liu and Thorbecke Brian Kahn 5 Rebalancing Savings-Investment Gaps in East Asia Yonghyup...
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