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From the preface, “In preparing this volume, I have attempted to write a descriptive essay on the past and present monetary systems of the world, the materials employed to make money, the regulations under which the coins are struck and issued, the natural laws which govern their circulation, the several modes in which they may be replaced by the use of paper documents, and finally, the method in which the use of money is immensely economized by the cheque and clearing system now being extended and perfected.”

About the Author

W. Stanley Jevons (1835-1882) was one of the first great virtuoso scholars in economics. He was author of Theory of Political Economy; The Coal Question; Money and the Mechanism of Exchange; Pure Logic, or the Logic of Quality apart from Quantity; The Principles of Science: A Treatise on Logic and Scientific Method; and Methods of Social Reform and Other Papers.

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