Synopsis
How prices move and what shapes money's value across eras
This nonfiction guide surveys the study of prices, from the methods economists use to measure movements to the forces that push prices up or down. It looks at inflation, the gold standard, and how wartime policy and currency changes can steer the cost of goods and the purchasing power of money. The book weaves together theory with historical data, showing how production, trade, and government actions interact to set price levels.
In readable analyses, it discusses how price control operated in wartime, the limits of stabilising prices, and what happened when markets and currencies tried to re-balance after conflict. It links concepts like living costs, real income, and price indexes to real-world events, making a complex topic accessible to readers new to economic history as well as those exploring the history of prices.What you’ll experience
- Clear explanations of price movements, inflation, and purchasing power
- Discussions of money, currency, and the gold standard across different eras
- Examples of price changes in common goods, production, and trade
- A historical view of how governments and markets interact to influence prices
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An Introduction to the Study of Prices (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book provides a lucid introduction to the entangled world of price evolution in the era from the Napoleonic Wars through the 1920s. The author, an authority on monetary theory, delves into the factors that determine the purchasing power of money, explaining how the forces of demand and supply interact to influence price levels. The book masterfully situates these monetary fluctuations against the backdrop of key historical events that shaped the economic landscape. One of the book's strengths lies in its historical depth. By beginning the analysis in 1820, the author showcases the remarkable transformation that occurred as economies shifted from primarily agricultural to industrial and globalized operations. This comprehensive view allows readers to grasp the long-term trends that have influenced price movements. The book avoids overly technical jargon, making it accessible to a wide readership. It also steers clear of overly simplistic explanations, offering instead a nuanced exploration of complex economic phenomena. Through accessible language, the author unravels the intricate relationship between money, prices, and the overall health of an economy. The book concludes by emphasizing the significance of understanding these complex dynamics, as they hold the key to navigating economic challenges and fostering sustained prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330354124_0
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An Introduction to the Study of Prices Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330354124
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An Introduction to the Study of Prices Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330354124
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