The Value of Money is a 1917 collection of essays by Benjamin M. Anderson on monetary value and its place in economic theory. It examines credit, trade volume, speculation, and the relation between static and dynamic economics. Listeners interested in the history of economic thought may find it rewarding.
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Text source: gutenberg.org · The work is in the public domain.
Opening of the book
HARVARD COLLEGE LIBRARY FROM THE QUARTERLY JOURNAL OF ECONOMICS THE MACMILLAN COMPANY NEW YORK · BOSTON · CHICAGO · DALLAS ATLANTA · SAN FRANCISCO MACMILLAN & CO., Limited LONDON · BOMBAY · CALCUTTA MELBOURNE THE MACMILLAN CO. OF CANADA, Ltd. TORONTO THE VALUE OF MONEY BY B. M. ANDERSON, JR., Ph. D. ASSISTANT PROFESSOR OF ECONOMICS, HARVARD UNIVERSITY AUTHOR OF "SOCIAL VALUE" New York THE MACMILLAN COMPANY
1917 All rights reserved Copyright, 1917 By THE MACMILLAN COMPANY Set up and electrotyped. Published May, 1917. To B. M. A., III AND J. C. A. WHO OFTEN INTERRUPTED THE WORK BUT NONE THE LESS INSPIRED IT PREFACE The following pages have as their central problem the value of money. But the value of money cannot be studied successfully as an isolated problem, and in order to reach conclusions upon this topic, it has been necessary to consider virtually the whole range of economic theory; the general theory of value; the rôle of money in economic theory and the functions of money in economic life; the theory of the values of stocks and bonds, of "good will," established trade connections, trade-marks, and other
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