The Cause of Business Depressions as Disclosed by an Analysis of the Basic Principles of Economics

The Cause of Business Depressions as Disclosed by an Analysis of the Basic Principles of Economics
Автор
 
Год
 
Страниц
 
568
ISBN
 
141791064X
Издатель
 
Книга по Требованию
Категория
 
Экономика
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Описание:

1914. With 26 diagrams. Bilgram began his investigation into this topic with the intent of determining whether there was a possibility to correct the evil of economic depressions. He wanted to understand if they were the natural outgrowth of industrial progress and commercial development, and if so, then they were not to be avoided. But, if they were due to extraneous causes, and you could identify the cause, then there may be a possibility for preventing their recurrence and insuring continued economic prosperity. The book was also considered to be of importance for exploding the fallacy of the volume theory of money and showing that interest has no reason for being.

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