International Bimetalism a Paper Read Before the California Bankers Association
International Bimetalism a Paper Read Before the California Bankers Association
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In our eReader you can find the full English version of the book. Read International Bimetalism a Paper Read Before the California Bankers Association 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 International Bimetalism a Paper Read Before the California Bankers Association
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To quickly assess the difficulty of the text, read a short excerpt:
" Thus much from Mr. Bagehot.
One of the favorite arguments of silver enthu- siasts, exploited right and left, has been Professor Stanley Jevon's reservoir illustration of Wolloski's common pool theory of international bimetalism. In former years I had thought it a curious feature of the seemingly plausible illustration of an inher- ently fallacious economic principle that a writer of Professor Jevon's analytical turn of mind should not have perceived the inapplicability of his mechanical devic...e the equalizing reservoirs to a principle of economic law. It was my impression that he ought to have seen that no common faucet, or, as Forssell of Sweden has called it, no common bunghole, would 12 satisfy the demand upon either of these reservoirs, had he considered that they were not only subject to independent variations of supply and demand, but that they might contain liquids entirely different in nature, as, for example, molasses and petroleum, each of which is used for many different purposes that the other could not serve.
What to read after International Bimetalism a Paper Read Before the California Bankers Association?
You can find similar books in the "Read Also" column, or choose other free books by John J John Joseph Valentine to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
" Thus much from Mr. Bagehot.
One of the favorite arguments of silver enthu- siasts, exploited right and left, has been Professor Stanley Jevon's reservoir illustration of Wolloski's common pool theory of international bimetalism. In former years I had thought it a curious feature of the seemingly plausible illustration of an inher- ently fallacious economic principle that a writer of Professor Jevon's analytical turn of mind should not have perceived the inapplicability of his mechanical devic...e the equalizing reservoirs to a principle of economic law. It was my impression that he ought to have seen that no common faucet, or, as Forssell of Sweden has called it, no common bunghole, would 12 satisfy the demand upon either of these reservoirs, had he considered that they were not only subject to independent variations of supply and demand, but that they might contain liquids entirely different in nature, as, for example, molasses and petroleum, each of which is used for many different purposes that the other could not serve.
What to read after International Bimetalism a Paper Read Before the California Bankers Association?
You can find similar books in the "Read Also" column, or choose other free books by John J John Joseph Valentine to read onlineMoreLess
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