Money And Value An Inquiry Into the Means And Ends of Economic Production With
Money And Value An Inquiry Into the Means And Ends of Economic Production With
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In our eReader you can find the full English version of the book. Read Money And Value An Inquiry Into the Means And Ends of Economic Production With 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 Money And Value An Inquiry Into the Means And Ends of Economic Production With
What reading level is Money And Value An Inquiry Into the Means And Ends of Economic Production With book?
To quickly assess the difficulty of the text, read a short excerpt:
Hence it is that we see period- ically great commercial failures. The books often exhibit at the first a superabundance of the wealth to which every one had trusted ; further investiga- tion shows that on the most lenient assumption, none of those connected with the undertaking had any conception whatever of the real nature and extent of their obligations ; and the final result CONDITIONAL OWNERSHIP : CREDIT ; BANKING.
211 CHAP. IV.
proves that the capital which should have been productive, has... on all sides, and long ago, been utterly misapplied and wasted.
Capital and credit are, materially speaking, the same. The purchasing power implied by the use of either term is the same. The division is one only of ownership, implying a corresponding divi- sion of function, and while nothing can be gained by unduly confounding the individual rights and responsibilities of the lender and the user, all their broader and more permanent interests must be regarded as identical. The result under a fairly conducted system of free competition is the better adjustment of the work to be done to the various capacities of those engaged in it, and a consequent positive economy of labour for the benefit of the community served, especially when the casually adverse claims of those concerned are not suffered to obscure the true sentiment of co-operation.
What to read after Money And Value An Inquiry Into the Means And Ends of Economic Production With?
You can find similar books in the "Read Also" column, or choose other free books by Rowland Hamilton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Hence it is that we see period- ically great commercial failures. The books often exhibit at the first a superabundance of the wealth to which every one had trusted ; further investiga- tion shows that on the most lenient assumption, none of those connected with the undertaking had any conception whatever of the real nature and extent of their obligations ; and the final result CONDITIONAL OWNERSHIP : CREDIT ; BANKING.
211 CHAP. IV.
proves that the capital which should have been productive, has... on all sides, and long ago, been utterly misapplied and wasted.
Capital and credit are, materially speaking, the same. The purchasing power implied by the use of either term is the same. The division is one only of ownership, implying a corresponding divi- sion of function, and while nothing can be gained by unduly confounding the individual rights and responsibilities of the lender and the user, all their broader and more permanent interests must be regarded as identical. The result under a fairly conducted system of free competition is the better adjustment of the work to be done to the various capacities of those engaged in it, and a consequent positive economy of labour for the benefit of the community served, especially when the casually adverse claims of those concerned are not suffered to obscure the true sentiment of co-operation.
What to read after Money And Value An Inquiry Into the Means And Ends of Economic Production With?
You can find similar books in the "Read Also" column, or choose other free books by Rowland Hamilton to read onlineMoreLess
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