Economics
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In our eReader you can find the full English version of the book. Read Economics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Economics
What reading level is Economics book?
To quickly assess the difficulty of the text, read a short excerpt:
There is a steady decline in interest as society becomes more stable and business investments more per- manent. But the rates vary in different countries as well.
In England interest is lower than in Boston, and it is lower in Boston than in Kansas City. The chief causes of this are, first, the amount of available capital seeking employment in older countries; and, second, the element of risk. People do not like to take the risk of loaning money in new and unsettled countries, or in lands far a...way from home. In the former case they will do so if the interest is large enough to tempt them to take the risk; in the latter case, if interest is sufficient to cover risks and agents' commissions, they may make loans. I said that the rate of interest continually decreases, although ECONOMICS.
183 the process is a slow one if we exclude the element of risk, which may cause a sudden change in the interest at any time. Thus, in early times in Kansas, money was loaned at the rate of eighteen per cent., and it was not long ago that current rates were twelve and thirteen per cent.
What to read after Economics?
You can find similar books in the "Read Also" column, or choose other free books by Frank Wilson Blackmar to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There is a steady decline in interest as society becomes more stable and business investments more per- manent. But the rates vary in different countries as well.
In England interest is lower than in Boston, and it is lower in Boston than in Kansas City. The chief causes of this are, first, the amount of available capital seeking employment in older countries; and, second, the element of risk. People do not like to take the risk of loaning money in new and unsettled countries, or in lands far a...way from home. In the former case they will do so if the interest is large enough to tempt them to take the risk; in the latter case, if interest is sufficient to cover risks and agents' commissions, they may make loans. I said that the rate of interest continually decreases, although ECONOMICS.
183 the process is a slow one if we exclude the element of risk, which may cause a sudden change in the interest at any time. Thus, in early times in Kansas, money was loaned at the rate of eighteen per cent., and it was not long ago that current rates were twelve and thirteen per cent.
What to read after Economics?
You can find similar books in the "Read Also" column, or choose other free books by Frank Wilson Blackmar to read onlineMoreLess
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