How prices really move: a deep, historical look at money, markets, and the forces that shape value.
This comprehensive study examines price-making as a function of production, distribution, and government policy across centuries. It shows that wages, profit rates, taxation, tariffs, and currency all influence prices, and it argues that the well‑being of workers hinges on affordable goods rather than simply the amount of money in circulation.
- Learn how price histories from England, France, and Germany illuminate long‑term trends beyond quick monetary explanations.
- See why prices respond to natural causes and economic forces, not only to monetary supply.
- Understand the roles of monopolies, privileges, and trade policy in shaping costs and wages.
- Explore how historical data is used to test theories about price, wages, and living standards.
Ideal for readers of economic history who want to understand the roots of modern prices and the link between money, production, and people.