THE CAUSES OF THE ECONOMIC CRISIS phần 7 ppt
THE CAUSES OF THE ECONOMIC CRISIS phần 7 ppt
... 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...
Muller A History of Thermodynamics The Doctrine of Energy and Entropy phần 7 ppt
... that the thermal motion of the
particles of the wall of the cavity cannot provide them. Therefore high
frequency oscillators are inactive, i.e. they remain at rest, – at least that was
the ... the higher the surplus and the quicker the
electron moves. On the other hand, if the light quantum – for low
frequency– carries less than the binding energy of the...
THE CAUSES OF THE ECONOMIC CRISIS phần 1 pdf
... Complications 152
4. The Future 153
3—T
HE CAUSES OF THE ECONOMIC CRISIS (1931) 155
I. The Nature and Role of the Market 155
1. The Marxian “Anarchy of Production” Myth 155
2. The Role and Rule of Consumers ... money.—Ed.]
xii — The Causes of the Economic Crisis
cycles and his conception of the effects of monetary and credit
policies.” In tribute to...
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...
THE CAUSES OF THE ECONOMIC CRISIS phần 3 pot
... 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...
THE CAUSES OF THE ECONOMIC CRISIS phần 4 pot
... 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,...
THE CAUSES OF THE ECONOMIC CRISIS phần 5 potx
... Causes of the Economic Crisis
makes it easier to understand reality, but we must remain con-
scious of the distinction between fiction and reality.
17
76 — The Causes of the Economic Crisis
17
[At ... also the
theory of intermediate (indirect) exchange, i.e., the theory of a
generally accepted medium of exchange (monetary theory) and
the theory of fi...
THE CAUSES OF THE ECONOMIC CRISIS phần 6 pps
...
3. THE CIRCULATION CREDIT THEORY
Of all the theories of the trade cycle, only one has achieved
and retained the rank of a fully-developed economic doctrine.
That is the theory advanced by 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 when t...
THE CAUSES OF THE ECONOMIC CRISIS phần 8 potx
... 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 — The Causes of the Economic Crisis
The most important ... regularity
in the timing of the movements in the three curves.
136 — The Causes of the Economic Crisis
There is no need to share the exube...
THE CAUSES OF THE ECONOMIC CRISIS phần 9 ppt
... insufficient
production of gold is especially dangerous. It leads to the view
that the crisis could be overcome by increasing the fiduciary
The Causes of the Economic Crisis: An Address
—
177
4. THE PERNICIOUSNESS ... the living standard of the
masses, that accompanied the development of capitalism, is the
The Causes of the Economic Crisis: An A...