What Our Problem Is There are available for purchase or sale securities of the widest possible variety, issued by countless corporations, municipalities, states, nations, etc. Merely to learn the names of all of them represents a quite impossible task. Equally varied with respect to their individual requirements are the purchasers and sellers of these...
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In this “book, “Masters of Capital”, we have a most remarkable “Time and Motion Study” of Capitalism in action. In fact, it is, in effect, a copy of their formula, given us by one of the lf keepers of the seals and records “, with accompanying exhibits of its effects, before and after. If proof...
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INTRODUCTION. There are times when a merchant will make almost any sacrifice to obtain ready money. He has entered into no rash speculations, and has only to meet the ordinary legitimate demands of his business, but in order to do so he is suddenly called upon to make a heavy and unexpected loss. To...
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ESSAY ON BANKING BANKS are by far the most important of all our commercial establishments. They are the fountains of our currency, the depositories of our capital, and at once the wheels and pillars of our trade. Business to any great extent could not be carried on without them. All who have cash transactions...
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INTRODUCTORY The black central field and the red ring, together, represent the country’s money supply; consisting partly of coin, or certificates backed by coin; partly of bank notes; and partly of bank money (deposits in commercial banks, “money in bank”). The black central field represents such of the country’s cash funds as are available...
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PREFACE This book has been put together from talks given to the writer’s salesmen. The aim has been to discuss clearly and simply the leading classes of investment bonds. In trying to carry out this aim, the writer has confined himself mostly to a discussion of the factors entering into the intrinsic value of...
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INTRODUCTORY The meaning of Money is not a question of economic theory. The object of this volume is to explain a matter of plain, positive, practical fact, which is very important, very dull and very little understood ; and to do so as clearly as may be, and with the least possible use of...
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PREFACE BY THE AUTHOR WITH the present collection the publication of Sumner’s Essays comes to an end. The original project of publishers and editor contemplated but a single volume — ” War and Other Essays ” — and they accordingly equipped that volume with a bibliography which was as complete as they then could, make...
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INTRODUCTION. POLITICAL ECONOMY is the science which treats of general or national wealth, general or aggregate as distinguished from individual, as the term Political implies. This science is directed chiefly against, or has reference to the errors of statesmen or legislators, as connected with trade or the industry of mankind ; and, however extensive,...
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INTRODUCTION With the possible exception of the tariff, no one question has so repeatedly confronted the American people as has the problem of establishing a satisfactory system of currency and banking. It has seemed unusually difficult to devise a plan that contains the fundamental requisites of safety, uniformity, and practicability. The proposal to regulate our...
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Federal Reserve Bank of New York Presents a fable about the island kingdom of Mazuma and the growth of its economy from barter to a sophisticated modern system, with its own central bank, to illustrate basic concepts of barter, money, banking, and inflation. Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button...
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FOREWORD THIS book is written in the form of a conversation between Uncle Sam and six men of various occupations. It begins with the A, B, C of the subject and by question and answer goes over all the different phases of the subject precisely as you would expect them to arise under such circumstances....
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CONTENTS CHAPTER I PAGE EARLY YEARS CHAPTER II – THE BEGINNING OF A CAREER CHAPTER III – THEOLOGY AND RELIGIOUS ESTABLISHMENTS CHAPTER IV – “THE THEORY OF MORAL SENTIMENTS” CHAPTER V – IN THE GLASGOW CHAIR THE LECTURES ON JUSTICE AND POLICE CHAPTER VI – GLASGOW AND ITS UNIVERSITY CHAPTER VII – THE TOUR IN FRANCE CHAPTER VIII – POLITICS AND STUDY, 1766-76 CHAPTER IX...
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1886 PREFACE TO THE ENGLISH EDITION The publication of an English version of “Das Kapital” needs no apology. On the contrary, an explanation might be expected why this English version has been delayed until now, seeing that for some years past the theories advocated in this book have been constantly referred to, attacked and defended, interpreted...
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