An Introduction to the Study of Political Economy
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§ (2) MONEY The Many great events separate modern times from the middle- middle -ages, such as (1) the fall of the Eoman modern Empire in the East, (2) the great geographical dis- times. coveries, (3) the invention of gunpowder and of printing, (4) the revival of classical studies, (5) the fall of feudalism and the rise of monarchy, (6) the so-called religious reformation. Besides these facts of political and social importance, there were others of a purely economic character. There was the shi...fting of the m HISTORICAL PART 169 highways of commerce, and the resulting transforma- tion of trade between the East and the West; there was the abundant supply of the precious metals flowing from the newly -discovered mines of America, which flowed in just when attempts to debase the coinage were the order of the day ; and then came the increasing prevalence of monetary economy which displaced Monetary "natural" economy, a special characteristic of the and natural middle-ages. There were the rise and spread of institu- economlcs - tions founded on credit.
What to read after An Introduction to the Study of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Cossa, Luigi, 1831-1896 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
§ (2) MONEY The Many great events separate modern times from the middle- middle -ages, such as (1) the fall of the Eoman modern Empire in the East, (2) the great geographical dis- times. coveries, (3) the invention of gunpowder and of printing, (4) the revival of classical studies, (5) the fall of feudalism and the rise of monarchy, (6) the so-called religious reformation. Besides these facts of political and social importance, there were others of a purely economic character. There was the shi...fting of the m HISTORICAL PART 169 highways of commerce, and the resulting transforma- tion of trade between the East and the West; there was the abundant supply of the precious metals flowing from the newly -discovered mines of America, which flowed in just when attempts to debase the coinage were the order of the day ; and then came the increasing prevalence of monetary economy which displaced Monetary "natural" economy, a special characteristic of the and natural middle-ages. There were the rise and spread of institu- economlcs - tions founded on credit.
What to read after An Introduction to the Study of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Cossa, Luigi, 1831-1896 to read onlineMoreLess
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