Published by Forgotten Books, 2018
ISBN 10: 1334964580 ISBN 13: 9781334964589
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.
Published by Forgotten Books, 2024
ISBN 10: 1334964580 ISBN 13: 9781334964589
Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book examines the stark contrast between the economic prosperity found in France and the simultaneous labor oppression in the United States and Germany during the late 19th century. The author argues that this discrepancy was caused by the different monetary policies of each nation. While the US and Germany chose to limit the supply of their currency to match the supply of gold, France increased its currency supply. The author demonstrates that by increasing the money supply, France was able to keep its labor force fully employed, leading to the increased production of goods, a rise in wages, and ultimately economic prosperity. The author concludes that the key to economic prosperity is not a limited currency supply backed by gold, but rather a currency supply that is sufficient to keep the labor force fully employed. This book provides valuable insights into the relationship between monetary policy and economic prosperity, and offers lessons that are still relevant today. Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. The digital edition of all books may be viewed on our website before purchase. print-on-demand item.
Published by Forgotten Books, 2018
ISBN 10: 1334964580 ISBN 13: 9781334964589
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.