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A Contribution to the Studty of a Constant Standard and Just Measure of Value (Classic Reprint) - Hardcover

T. N. Whitelaw

 
9780656918669: A Contribution to the Studty of a Constant Standard and Just Measure of Value (Classic Reprint)

Synopsis

Understanding money that stays reliable in a changing world: A Contribution to the Study of a Constant Standard and Just Measure of Value argues for a monetary system that keeps prices steady and wages moving forward.

This book explains how general prices shape trade, employment, and wealth. It lays out a concrete plan called “just money,” a system of notes backed by state debt that aims to prevent wild price swings and recessions. It also compares this approach with traditional metallic money and addresses common objections.

Readers will get a clear view of how price stability could affect industry, wages, and national prosperity, along with practical notes on implementation and possible international cooperation.

  • How fluctuations in general prices influence trade, employment, and wealth distribution.
  • The proposed mechanics of “just money,” including how notes, state debt, and fixed prices interact.
  • How wage levels could rise with production improvements under a steady-price system.
  • Arguments for or against a national or international adoption and the role of a bullion department.

Ideal for readers curious about monetary reform, price stability, and the long‑term implications for workers and the economy.

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