PREFACE. The present work was written last March, in competition for the Pears prize of one hundred guineas for the best essay on the present depression of trade. It did not obtain the prize, and it is therefore now submitted to the judgment of the public — and more especially of the working classes,...
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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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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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INTRODUCTORY NOTE BY THE AUTHOR The attention of the people of the United States at the present time is drawn, with ever increasing interest, to the commercial and financial institutions of foreign countries. This is due, primarily, to the fact that the industrial growth of this country has brought her to the point when a...
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Synopsis 1. The Evolution of the Money Market. 2. The Importance of the Banking Element. 3. The Origin and Development of Banking. 4. Banking and the Bank of England 5. How the Banker Obtains His Funds. 6. How the Banker Uses His Funds. 7. The Bank of England. 8. Management of the Bank of England. 9. State Protection. 10. The Duties Carried Out by...
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PREFACE The idea expressed and the conclusions arrived at in this work, are the result of many years of careful thought and study, coupled with practical and varied experience of a very busy in connection with industrial, commercial, and financial affairs, both here and abroad. It is now nearly a quarter of a century, since I...
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PREFACE BY THE AUTHOR OF THE BOOK FUTURE UPS AND DOWNS IN PRICES – WHAT YEARS TO MAKE MONEY ON PIG IRON, HOGS, CORN, AND PROVISIONS There is a time in the price of certain products and commodities;  Which, if taken by men at the advance leads on to fortune; And if taken at the decline,...
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BANKS AND A PAPER CURRENCY – Introduction by the Author of the Book A pamphlet was published at Louisville, Kentucky, with the title ” Elements of a Bank Charter, arranged for the benefit of the public, and safety of the Stockholders.” As the general reasonings on which it was founded, applying to the proposed Bank, in...
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PREVIEW It is an essential part of the case of the silver men that the country is having “hard times.” The bolters from the Republican convention say, in their manifesto: “Discontent and distress prevail to an extent never before known in the history of the country.” This is an historical assertion. It is distinctly untrue....
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