Money Its Connexion With Rising And Falling Prices
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In our eReader you can find the full English version of the book. Read Money Its Connexion With Rising And Falling Prices 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 Its Connexion With Rising And Falling Prices
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Why should not people who want coin pay for the cost of making it up as well as for the raw material, just as they pay for the making of flour into bread and the making of white paper into a printed book ? Where coinage is gratuitous, it is always paid for out of Government revenues, because Government is the only agency which will do it for nothing. If private enterprise takes up the business (a thing not altogether unknown 1 ) it will certainly leave the demand for coin unsatisfied till coin ...is enough above the raw material in value to make it worth while to manufacture it. The Government might act, and sometimes has acted, on the same principle, and make the same charge for coining that private enterprise might be supposed likely to make if under ordinary competition. Further, the manufacture is one very strictly monopolized : perhaps no other monopoly has ever been protected by such draconian penalties as the monopoly of coining. What is there to prevent governments from charging considerably more than the mere cost of coining ?
What to read after Money Its Connexion With Rising And Falling Prices?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Cannan to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Why should not people who want coin pay for the cost of making it up as well as for the raw material, just as they pay for the making of flour into bread and the making of white paper into a printed book ? Where coinage is gratuitous, it is always paid for out of Government revenues, because Government is the only agency which will do it for nothing. If private enterprise takes up the business (a thing not altogether unknown 1 ) it will certainly leave the demand for coin unsatisfied till coin ...is enough above the raw material in value to make it worth while to manufacture it. The Government might act, and sometimes has acted, on the same principle, and make the same charge for coining that private enterprise might be supposed likely to make if under ordinary competition. Further, the manufacture is one very strictly monopolized : perhaps no other monopoly has ever been protected by such draconian penalties as the monopoly of coining. What is there to prevent governments from charging considerably more than the mere cost of coining ?
What to read after Money Its Connexion With Rising And Falling Prices?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Cannan to read onlineMoreLess
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