Excerpt from The Evolution of the Money Market (1885-1915): An Historical and Analytical Study of the Rise and Development of Finance as a Centralised, Co-Ordinated Force
The survey extends over the period from about 1385 to 1915. It begins with the rule of Richard II. And ends in the reign of George V. For the period between 1385 and 1694 - the date of the establishment of the Bank of England - the treatment of the subject is not more detailed than is necessary to exhibit the origins and nature of all the factors of the Money Market in their proper focus, by way of preparation for the subsequent scrutinv of their gradual gravitative response to the inexorable authority of a centripetal sway. After the date of the establishment of the Bank of England the essay becomes rather more elaborate in its recital of fact and inference. In other words, Part I. Is simply introductory to the main topic. No phenomenon, be it Spiritual, intellectual, physical or financial, will ever be properly understood without some knowledge of the sources whence it was originally pro duced, and of the forces by which its early development was encompassed. The rest of the study is, in effect, a brief history of the first hundred years of the modern Money Market.
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Paperback. Condition: New. Print on Demand. Embark on a captivating journey through the historical evolution of finance, exploring its rise as a central, coordinating force in society. This book delves into the fascinating period between the late fourteenth and early twentieth centuries, tracing the transformation of financial systems and the growing influence of money on social structures. The author's insightful analysis draws parallels between the development of the money market and the principles of organic evolution, shedding light on the intricate interplay of economic forces and human behavior. The narrative unfolds against the backdrop of pivotal historical events, such as the Black Death, the Peasants' Revolt, and the rise of capitalism, demonstrating how these occurrences shaped the financial landscape. With meticulous detail, the book examines the emergence of key financial institutions, including early banking practices, the evolution of the Stock Exchange, and the development of joint-stock companies. It explores the gradual shift from a feudal system based on land ownership to a more fluid economic order driven by capital and credit. This book offers a profound understanding of the historical roots of modern finance and the enduring impact of financial forces on the course of human civilization. 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 # 9781527890121_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781527890121
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781527890121
Quantity: 15 available