The Principles of Money And Banking
The Principles of Money And Banking
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In our eReader you can find the full English version of the book. Read The Principles of Money And Banking 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 The Principles of Money And Banking
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"They throw a country into complete confusion for a series of years, or even for decades/' — TraiU d'^conomie Politufue, III., p. 686, Digitized by LjOOQ IC V THE ORIGINS OP CRISES The disturbance of equilibrium between demand and supply of goods — A result of production in anticipation of demand — Periodicity of crises due to excessive discounting of future profits — Influence of crop failures mitigated in modem times by complexity of industry — Socialism does not offer a solution of the probl...em of correctly anticipating the demand for goods — Disturbances of equilibrium a condition of economic progress.
AN economic crisis is the result of distujbMices of the f\ fiqitiinvrjAim ^ptwppji demand an d supply.* The causes of such disturbances are partly traceable to direct errors in the production and dis tribu tion of goods, but they acquire much of their acute character from patholog- ical tendencies. The economic world is never in a static condition, but always in the dynamic condition of con- stant change in the relations between production and con- sumption.
What to read after The Principles of Money And Banking?
You can find similar books in the "Read Also" column, or choose other free books by Conant, Charles A. (Charles Arthur), 1861-1915 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
"They throw a country into complete confusion for a series of years, or even for decades/' — TraiU d'^conomie Politufue, III., p. 686, Digitized by LjOOQ IC V THE ORIGINS OP CRISES The disturbance of equilibrium between demand and supply of goods — A result of production in anticipation of demand — Periodicity of crises due to excessive discounting of future profits — Influence of crop failures mitigated in modem times by complexity of industry — Socialism does not offer a solution of the probl...em of correctly anticipating the demand for goods — Disturbances of equilibrium a condition of economic progress.
AN economic crisis is the result of distujbMices of the f\ fiqitiinvrjAim ^ptwppji demand an d supply.* The causes of such disturbances are partly traceable to direct errors in the production and dis tribu tion of goods, but they acquire much of their acute character from patholog- ical tendencies. The economic world is never in a static condition, but always in the dynamic condition of con- stant change in the relations between production and con- sumption.
What to read after The Principles of Money And Banking?
You can find similar books in the "Read Also" column, or choose other free books by Conant, Charles A. (Charles Arthur), 1861-1915 to read onlineMoreLess
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