The Elements of Banking (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 16.71
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book delves into the intricate world of banking and credit, offering a comprehensive exploration of their historical development, theoretical underpinnings, and practical applications. Rooted in the principles of economics, the author meticulously dissects the concepts of wealth, value, and exchange, providing a framework for understanding the dynamics of economic interactions. The author traces the evolution of money, from the barter system of ancient civilizations to the sophisticated credit systems of the 19th century. The book delves into the role of banks as intermediaries in the exchange of money for credit, and credit for credit, highlighting the mechanisms of deposits, loans, and investments. The impact of banking on commerce and trade is examined, with a particular focus on the foreign exchanges and the factors influencing the flow of bullion across borders. The book challenges conventional notions about credit and debt, exposing common misconceptions and offering a nuanced perspective on their economic significance. It explores the relationship between credit and capital, arguing that credit serves as a form of "negative capital" that can be transformed into permanent capital through investment and economic activity. The author advocates for a system of credit control based on adjusting the rate of discount, a principle that has gained widespread acceptance among economists and central bankers. By illuminating the complexities of banking and credit, this book provides valuable insights into the functioning of modern economies, offering a timeless perspective on the enduring principles that govern financial systems. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781330844663_0
- Title
- The Elements of Banking (Classic Reprint)
- Author
- Henry Dunning Macleod
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1330844661
- ISBN 13
- 9781330844663
- Seller catalogs
- Economics
- Learn how banking creates and uses credit to move goods and wealth through the economy
- See the relationship between money, credit, and real capital in everyday commerce
- Understand the balance between discount rates, bullion, and exchange rates in monetary policy
- Explore the theory and practice behind bills, deposits, and the banking system
Ideal for readers interested in the historical foundations of banking, credit, and monetary theory, this edition offers a concise, accessible roadmap to how modern finance began and how it shapes today’s markets.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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