Constructive Economics (Second Supplement to book Solution): a New Text book ...
Constructive Economics (Second Supplement to book Solution): a New Text book ...
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In our eReader you can find the full English version of the book. Read Constructive Economics (Second Supplement to book Solution): a New Text book ... Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Constructive Economics (Second Supplement to book Solution): a New Text book ...
What reading level is Constructive Economics (Second Supplement to book Solution): a New Text book ... book?
To quickly assess the difficulty of the text, read a short excerpt:
Twill go one step farther and say that all gold and silver coined into money are no better than if we used Dodo-bones; and that our Circulating Notes are worse than Mr. Nicholson's Dodo-bones. An interesting criti- cism by Prof. Scott (University of Wisconsin) and B. M.
Anderson (Harvard University) regarding Nicholson's theory is to be found in the book entitled The Value of Money (B.
M. Anderson) 1917, on pages 81 to 82 and also pages 130 to 153.
I do not myself want or advocate Dodo-bones an...y more than Greenbacks, because neither are based upon a standard of value ; but to say that gold, silver, or any other commodity is capable of performing the .functions of a "standard" by measuring values — is to admit total ignorance of all that which a standard is required to perform.
There is a vast difference between an instrument which measures, and another which merely expresses the results of measurements.
It takes the footrule for measurements, but we may take buttons, chips, or Dodo-bones to express the results thereof.
What to read after Constructive Economics (Second Supplement to book Solution): a New Text book ...?
You can find similar books in the "Read Also" column, or choose other free books by Paul Gustav Lewis to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Twill go one step farther and say that all gold and silver coined into money are no better than if we used Dodo-bones; and that our Circulating Notes are worse than Mr. Nicholson's Dodo-bones. An interesting criti- cism by Prof. Scott (University of Wisconsin) and B. M.
Anderson (Harvard University) regarding Nicholson's theory is to be found in the book entitled The Value of Money (B.
M. Anderson) 1917, on pages 81 to 82 and also pages 130 to 153.
I do not myself want or advocate Dodo-bones an...y more than Greenbacks, because neither are based upon a standard of value ; but to say that gold, silver, or any other commodity is capable of performing the .functions of a "standard" by measuring values — is to admit total ignorance of all that which a standard is required to perform.
There is a vast difference between an instrument which measures, and another which merely expresses the results of measurements.
It takes the footrule for measurements, but we may take buttons, chips, or Dodo-bones to express the results thereof.
What to read after Constructive Economics (Second Supplement to book Solution): a New Text book ...?
You can find similar books in the "Read Also" column, or choose other free books by Paul Gustav Lewis to read onlineMoreLess
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