Money and Banking: An Introduction to the Study of Modern Currencies (Classic Reprint)

Thb need of a suitable text or handbook on money and banking has doubtless been felt by every teacher of political economy. The complexity of the subject and the closeness of the reasoning often required render it peculiarly unsuitable for presentation to immature students in the form of lectures, and the voluminousness of the literature and the controversial character of a large part of it render a guide of some sort almost indispensable. No one of the books available for theE nglish-speaking student covers the entire ground in a comprehensive manner, and few, if any, of them have been written with the needs of the student distinctly in mind. The present book is the outcome of ten years experience in teaching large classes in the University of Wisconsin, and is presented to the public in the hope that students in other institutions as well as the average citizen who wishes to understand this subject may find it useful. I ts subject is modern currency, and it aims to analyze and explain the complex media of exchange of the great nations of the present day in such a way as to reveal the nature and workings of each element and the relations between them all. Besides money in the ordinary sense, therefore, it includes a discussion of banks in their relation to the currency, of the various forms of government notes, and of the machinery and methods of international exchange.
(Typographical errors above are due to OCR software and don't occur in the book.)

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Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

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 aged text.