Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Money, Credit, and Commerce

Money, Credit, and Commerce

Marshall, Alfred

Paperback

Series: Great Minds

AccountingBusiness GeneralInvesting & Finance

ISBN10: 1591020360
ISBN13: 9781591020363
Publisher: Prometheus Books
Published: Jan 1 2003
Pages: 506
Weight: 1.32
Height: 1.06 Width: 5.32 Depth: 8.40
Language: English
Alfred Marshall (1842-1924), distinguished British economist and one of the founders of the neoclassical school of economics, established his reputation with the magisterial Principles of Economics (1890). That magnum opus quickly became a standard reference work, went through eight editions in Marshall's lifetime, and to this day is considered one of the classic economic treatises. Among his areas of expertise was monetary analysis, but he did not have the opportunity to publish a systematic presentation of his views until his later years. Money, Credit, and Commerce, devoted to this subject, was his last major work.Among the proposals made in this work for which he is most remembered is the adoption of symmetalism, a plan for the combined use of gold and silver as the monetary base. Marshall also expressed his views on the relation of business fluctuations and the credit market to general unemployment. He saw reckless inflation of credit as the main cause of economic troubles.As the foremost British economist of his time, he influenced a later generation of economists. One of his most gifted students was John Maynard Keynes, who disagreed with some of Marshall's ideas, yet continued to refer to Marshall's contributions as essential groundwork. For students of economics and monetary policy Money, Credit, and Commerce remains a valuable book.

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