THE CAUSES OF THE ECONOMIC CRISIS phần 2 potx

... needed for these purposes are, for the most part, already available within the country. The 10 — The Causes of the Economic Crisis 4— The Causes of the Economic Crisis 4 Bourse (French). A continental ... clearings at the 16 — The Causes of the Economic Crisis If, with the suspension of printing press operations, the mone- tary policy reforms...

Ngày tải lên: 09/08/2014, 20:20

... 21 1. Victory and Inflation 21 2. Establishing Gold “Ratio” 22 V. Comments on the “Balance of Payments” Doctrine 25 1. Refined Quantity Theory of Money 25 v xvi — The Causes of the Economic Crisis expansion. ... 1998], p. 416).—Ed.] STABILIZATION OF THE MONETARY UNIT— F ROM THE VIEWPOINT OF THEORY (1 923 ) 1 THE CAUSES OF THE ECONOMIC CRISIS AND...

Ngày tải lên: 09/08/2014, 20:20

... result, therefore, the balance of payments becomes decisive 40 — The Causes of the Economic Crisis (2) On the other hand, whether it might not also be neces- sary to limit similarly the issue of other ... prescribed the Banking Theory. It has moreover even revived the doctrine of the canonists and of the legal authorities of the Middle Ages to the effec...

Ngày tải lên: 09/08/2014, 20:20

... increasing the quantity of money. In place 60 — The Causes of the Economic Crisis 7 [This is not the place to examine further the theory of the formation of the purchasing power of the monetary ... Circulation Credit Theory, developed out of the Currency Theory and usually called the “Monetary Theory of the Trade Cycle.” These theories, of course, a...

Ngày tải lên: 09/08/2014, 20:20

... addition to changes in the 88 — The Causes of the Economic Crisis 23 See also my critique of Fisher’s proposal in The Theory of Money and Credit, pp. 403ff.; 1980, pp. 442ff. 24 Whether this is considered ... theory is the emphasis he gave to the previously little noted effect of 82 — The Causes of the Economic Crisis 4. CHANGES IN WEALTH AND INCOME...

Ngày tải lên: 09/08/2014, 20:20

... the boom. Here again, instead of seeking a general boom theory we could look for special causes for each individual boom. 1 02 — The Causes of the Economic Crisis actually be the case, then the ... School, the theory which traces the cause of changes in business conditions to the phenomenon of circulation credit. All other theories of the crisis, even w...

Ngày tải lên: 09/08/2014, 20:20

... obstacle in the way of the development of fiduciary media in the form of bank deposits. 114 — The Causes of the Economic Crisis and proceeding always to make loans below the rate of interest which ... out as the result of a change in the conduct of the banks. The later the crack-up comes, the longer the period in which the calculation of the...

Ngày tải lên: 09/08/2014, 20:20

... (London, 1 923 ; New York, 1 924 ), pp. 156ff. 1 42 — The Causes of the Economic Crisis broken, this would not have given the banks the power to lower the interest rate, below the height of the “natural” ... only originate with the central bank of issue. Every venture on the part of private banks, against the wish or the plan of the central bank, 150...

Ngày tải lên: 09/08/2014, 20:20

... the living standard of the masses, that accompanied the development of capitalism, is the The Causes of the Economic Crisis: An Address — 165 3. THE CAUSE OF UNEMPLOYMENT If the government were ... decline in 1 72 — The Causes of the Economic Crisis of taxes and higher than unhampered market wage rates. The decline in the price of coal was hel...

Ngày tải lên: 09/08/2014, 20:20

... rates Necessities versus luxuries, 28 Needs of business, 103–05, 121 23 , 127 28 Nominalism, 54, 58n 20 6 — The Causes of the Economic Crisis Overproduction theory of the trade cycle, 100 Overstone, ... [during the nineteenth century] at the time of the drive for bimetallism. 186 — The Causes of the Economic Crisis 3 An extreme example: the discou...

Ngày tải lên: 09/08/2014, 20:20