Description

This antiquarian volume contains a fascinating treatise on interest-rates and prices in the late nineteenth century. Containing a wealth of interesting historic information on the state of the economy at this pivotal point in history, this is a text that will be of much value to those with an interest in the history and development of the modern economy, and is not to be missed by collectors of such literature. The chapters of this book include: 'Purchasing Power of Money and Average Prices', 'Relative Prices and Money Prices', 'The So-Called Cost of Production Theory of Money', 'The Quantity Theory and its Opponents', 'The Velocity of Circulation of Money', 'The Rate of Interest as Regulator of Commodity Prices', etcetera. This antiquarian book is being republished now in an affordable, modern edition complete with a new prefatory biography of the author. 'Interest and Prices' was first published in 1898.