The Theory of Credit, Vol. 2 of 2: Part I (Classic Reprint)

Language: English

Published by Forgotten Books, 2018

0243099185 / 9780243099184

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Print on Demand. This book delves into the intricate world of credit and banking, tracing its historical roots back to ancient Rome and exploring its evolution through the centuries. The author sheds light on the often misunderstood concepts of credit, money, and banking, dispelling common myths and misconceptions. The book delves into the mechanics of commercial credit, including the use of bills of exchange and the distinctions between real and accommodation bills. It examines the role of credit in both transferring existing commodities and creating new products, highlighting its impact on economic growth and development. With a focus on the practical applications of credit in commerce and banking, the author explores topics such as the clearinghouse system, cash credits, foreign exchanges, and the nature of public debt. The book challenges conventional economic theories, including the wages fund theory and prevailing notions about the relationship between money, credit, and interest rates. By providing a comprehensive understanding of the principles and mechanisms of credit and banking, this book offers valuable insights into the functioning of modern economies and the vital role that credit plays in shaping our financial landscape. 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 # 9780243099184_0

Title
The Theory of Credit, Vol. 2 of 2: Part I (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
0243099185
ISBN 13
9780243099184
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

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

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.