logo
0

EbookBell.com

Most ebook files are in PDF format, so you can easily read them using various software such as Foxit Reader or directly on the Google Chrome browser.
Some ebook files are released by publishers in other formats such as .awz, .mobi, .epub, .fb2, etc. You may need to install specific software to read these formats on mobile/PC, such as Calibre.

Please read the tutorial at this link:  https://ebookbell.com/faq 


We offer FREE conversion to the popular formats you request; however, this may take some time. Therefore, right after payment, please email us, and we will try to provide the service as quickly as possible.


For some exceptional file formats or broken links (if any), please refrain from opening any disputes. Instead, email us first, and we will try to assist within a maximum of 6 hours.

EbookBell Team

The Value Of Money Benjamin Mcalester Anderson Jr

  • SKU: BELL-34711656
The Value Of Money Benjamin Mcalester Anderson Jr
$ 31.00 $ 45.00 (-31%)

5.0

38 reviews

The Value Of Money Benjamin Mcalester Anderson Jr instant download after payment.

Publisher: THE MACMILLAN COMPANY
File Extension: PDF
File size: 7.05 MB
Author: Benjamin McAlester Anderson Jr.
Language: English
Year: 2007

Product desciption

The Value Of Money Benjamin Mcalester Anderson Jr by Benjamin Mcalester Anderson Jr. instant download after payment.

Benjamin Anderson, American Austrian, was among a handful of economists, led by Ludwig von Mises in his pioneering work The Theory of Money and Credit in 1912, who set out to integrate monetary theory into a general theory of value. Anderson devoted a major portion of his great book The Value of Money, published in 1917, to a refutation of the "mechanical" quantity theory of money. He argued that the causes and effects from which the data of the quantity equation are constructed are disaggregated and complex; whatever the correlation between the aggregate variables of the quantity equation, correlation is not causation; causation cannot be established in the equation because there are no quantitative constants in human action (in particular, velocity is not constant); the quantity theory ignores time; there is no unambiguous way to define the variables in the theory: the money stock, velocity, the quantity of goods, and the price level. Anderson further holds that whatever true propositions the quantity theory offers can as well be deduced from a correct theory of value and that many true theories of modern economics (such as the laws of demand and supply, the theory of capitalization, and Gresham’s law) are inconsistent with it. Although some true propositions can be had from the quantity theory, not every conclusion derived from it is true. Anderson expended much effort to demonstrate that many theories constructed upon it are false. For example, he argued that the independence between the stock of money and the quantity of goods, assumed for the purpose of reaching the conclusion that increases in the stock of money lead to proportional increases in the price level, if carried into macroeconomics has pernicious effects. 

Related Products

The Value Of Money Benjamin Anderson
-31%

The Value Of Money Benjamin Anderson

$45.00 $31.00
The Value Of Money Anderson Benjamin M 18861949 Hardpress
-31%

The Value Of Money Anderson Benjamin M 18861949 Hardpress

4.7

66 reviews
$45.00 $31.00
The Value Of Money Patnaik Prabhat
-31%

The Value Of Money Patnaik Prabhat

5.0

69 reviews
$45.00 $31.00
The Value Of Money Ellen R Feingold
-31%

The Value Of Money Ellen R Feingold

4.0

26 reviews
$45.00 $31.00
The Value Of Money Matteo Scotto Thomas Mayer Francesco Papadia Matteo Scotto
-31%

The Value Of Money Matteo Scotto Thomas Mayer Francesco Papadia Matteo Scotto

5.0

109 reviews
$45.00 $31.00
Economist On Wall Street Peter L Bernsteins Finance Classics Notes On The Sanctity Of Gold The Value Of Money The Security Of Investments And Other Delusions 1st Edition Bernstein
-31%

Economist On Wall Street Peter L Bernsteins Finance Classics Notes On The Sanctity Of Gold The Value Of Money The Security Of Investments And Other Delusions 1st Edition Bernstein

4.1

30 reviews
$45.00 $31.00
The Value Of Art Money Power Beauty Rev Ed Michael Findlay
-31%

The Value Of Art Money Power Beauty Rev Ed Michael Findlay

4.8

94 reviews
$45.00 $31.00
The Space Value Of Money Rethinking Finance Beyond Risk Time Armen V Papazian
-31%

The Space Value Of Money Rethinking Finance Beyond Risk Time Armen V Papazian

4.1

60 reviews
$45.00 $31.00
Foundations And Applications Of The Time Value Of Money Pamela P Drake
-31%

Foundations And Applications Of The Time Value Of Money Pamela P Drake

5.0

19 reviews
$45.00 $31.00