The Value of Money by Benjamin M. Anderson

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Author Anderson, Benjamin M. (Benjamin McAlester), 1886-1949
LoC No. 17014066
Title The Value of Money
Note Reading ease score: 59.3 (10th to 12th grade). Somewhat difficult to read.
Credits Produced by Curtis Weyant and the Online Distributed
Proofreading Team at http://www.pgdp.net (This book was
produced from scanned images of public domain material
from the Google Print project.)
Summary "The Value of Money" by Benjamin M. Anderson is an analytical treatise on economic theory written in the early 20th century. The book primarily delves into the concept of money and its value within the broader spectrum of economic life, emphasizing the importance of dynamic change and speculation in trade. Through a critical lens, Anderson challenges traditional economic theories, particularly the quantity theory of money, asserting that a profound understanding of the value of money necessitates a comprehensive examination of various economic factors. The opening portion of "The Value of Money" introduces key themes that will be explored throughout the text. Anderson emphasizes that the value of money cannot be understood in isolation but must be analyzed in connection with the general theory of value and its implications in economic life. He critiques existing theories, arguing for a dynamic approach that considers how speculation and the evolving nature of trade influence the practical functions of money. With an academic background as an assistant professor of economics at Harvard University, Anderson aims to provide both a theoretical framework and statistical evidence to support his assertions regarding the intricate interrelations of value, money, and economic theory. (This is an automatically generated summary.)
Language English
LoC Class HG: Social sciences: Finance
Subject Money
Category Text
EBook-No. 34823
Release Date
Copyright Status Public domain in the USA.
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