A History of the Greenbacks: With Special Reference to the Economic Consciences
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 20.51
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Print on Demand. This book delves into the turbulent financial landscape of the United States during the Civil War, exploring the complex interplay between government policy, economic pressures, and the rise of paper money. The author meticulously examines the historical events leading up to the issuance of ââ Å"greenbacks,ââ  legal-tender notes that were used to finance the war effort. The book illuminates the economic consequences of these unprecedented financial measures, analyzing the impact on prices, wages, interest rates, and the overall production and consumption of wealth. Through detailed statistical analysis and insightful commentary, the author traces the fluctuations in the value of the paper currency and its influence on the burgeoning national debt. By exploring the challenges faced by both the government and the banking sector, the book offers a nuanced perspective on the intricate relationship between fiscal policy and the economic well-being of a nation in crisis. This meticulously researched work provides a fascinating glimpse into a pivotal period in American history, demonstrating the profound impact of government financial decisions on the lives of ordinary people. 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 # 9781331984405_0
- Title
- A History of the Greenbacks: With Special Reference to the Economic Consciences
- Author
- Wesley Clair Mitchell
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1331984408
- ISBN 13
- 9781331984405
- Seller catalogs
- Economics
Apologies must be made both for the bulkiness and for the fragmentary character of the following monograph. These defects are due to the same cause: an attempt to utilize all the well-authenticated statistical material bearing upon the subjects treated. The amount of labor entailed by this attempt was so large that I have been unable to carry the discussion beyond the first four years in the history of the greenbacks. Even within this brief period two impor tant topics are passed over. Nothing is said of the effects of the greenbacks upon foreign trade, and no comparisons are made between American and foreign experiences with paper money. The former topic is omitted from lack of time to get the refractory statistical data relating to it into significant shape; indeed, my dealings with the figures incline me to doubt whether any other than a speculative treatment is feasible. As for the latter topic, I soon discovered that foreign comparisons presented too large a subject to be dealt with as a side issue in such a monograph as the present. Moreover, the consequences of the abandonment of the specie standard in which I have been most interested are such as can be traced only when one has much fuller information regarding prices, wages, and the like than are available to the student of foreign experiments with inconvertible paper currencies.
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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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.
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Forgotten Books
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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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