This book attempts to clear up the mystery of money in its social aspect. With the monetary system of the whole world in chaos, this mystery has never been so carefully fostered as it is to-day. And this is all the more curious inasmuch as there is not the slightest reason for this mystery. This book will show what money now is, what it does, and what it should do. From this will emerge the recognition of what has always been the true rôle of money. The standpoint from which most books on ...

RECENT RESEARCH ON RADIOACTIVITY by PIERRE CURIE offers a concentrated, compelling experience within science / general. This concise work presents carefully drawn characters and purposeful plotting that together explore themes of choice, consequence, and human connection. The prose is precise and economical, balancing vivid scenes with clear pacing to maintain narrative momentum. Ideal for readers seeking a thoughtful, accessible read, the book is well-suited to book clubs and classroom di...

**Over a million copies sold! A fundamental influence on modern libertarianism, this classic guide to the basics of economic theory defends capitalism and the free market from economic myths that persist to this day.“A magnificent job of theoretical exposition.”—Ayn Rand**Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt wrote Economics in One Lesson

In A Miracle in Waiting Paul Hellyer pulls no punches. First published in 1996 under the title Surviving the Global Financial Crisis: The Economics of Hope for Generation X Hellyer maintained that the monetarist counter-revolution has been one monumental flop and predicted in the first two paragraphs that a meltdown was inevitable.The entire book was prophetic and should be read in that context.Hellyer argued that the federal deficit is nothing but a red herring t...

John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today.Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith tells, along with much else, how...

Thorstein Veblen’s The Theory of Business Enterprise is one of the seminal works of economics.Written during the advent of the United States of America’s economic boom, it analyses the effect of corporate culture on society and the economy.Looking at the situation that he saw around him Veblen stated that there was conflict between the old way of economics, led by the large businessmen, and the new system of industry, led by engineers.Business owners, Veblen claimed...

This edition features a linked Table of Contents.CONTENTSTO GOLDEN DAYSPREFACE TO THIRD EDITIONINTRODUCTIONA HISTORY OF PANICS IN THE UNITED STATESTHE PANIC OF 1814THE PANIC OF 1825-26THE PANIC OF 183lTHE PANIC OF 1848THE PANIC OF 1857THE PANIC OF 1864THE PANIC OF 1873THE PANIC OF 1884...PANICS...STUDIED THROUGH THE BALANCES OF THE BANKS.THE CONDITION OF BUSINESS IN 1888-92THE P...

The collection of lectures and publications from the Schumacher Center for a New Economics represents some of the foremost voices on a new economics. What would be necessary to bring about a wide-scale monetary reform? What would an entire money and banking system look like which would change, in fact revitalize, an entire economic and social system? These were the questions that Ralph Borsodi set out to answer in this series of essays on money and banking. In the early 1970s,...

First Published in 1995. In the present volume the statistical material, which is set out in detail in the Appendices, provides the basis for a historical survey of the period from 1858 to 1914, the Antonine age of Bank rate.

It may be hard to believe, but it is nonetheless true that the iceberg of debt that we are looking at today was caused by the decision of framers of the Constitution in 1787 to deny Congress the power to issue paper money, called at the time "to emit bills." The First Congress followed in 1790 by giving the power to create money to private banks. These decisions, as explained in the book, caused debt to grow from $70 million in 1790 to $70 trillion in 2010; that's one million times larger....

While income redistribution is one of the most important functions of modern governments, the world has changed greatly since this first edition of Economics of Income Redistribution was published in 1983. Pension systems and medical programs are in a state of crisis in many parts of the world and the general political mood is shifting away from income redistribution. Economics of Income Redistribution (2nd edition) brings this work up to date by discussing the e...