• Coins, English

Chronicon Preciosum

Or, An Account of English Money, the Price of Corn, and Other Commodities, for the Last 600 Years
Author: William Fleetwood
Publisher: N.A
Category: Coins, English
Page: 181
View: 7662

    • Money

The Purchasing Power of Money

Its Determination and Relation to Credit, Interest and Crises
Author: Irving Fisher,Harry Gunnison Brown
Publisher: N.A
Category: Money
Page: 515
View: 1977

    • Capital


Volumes One and Two
Author: Karl Marx
Publisher: Wordsworth Editions
ISBN: 9781840226997
Category: Capital
Page: 1168
View: 1872
A landmark work in the understanding of capitalism, bourgeois society and the economics of class conflict, Karl Marx's Capital is translated by Ben Fowkes with an introduction by Ernest Mandel in Penguin Classics. One of the most notorious works of modern times, as well as one of the most influential, Capital is an incisive critique of private property and the social relations it generates. Living in exile in England, where this work was largely written, Marx drew on a wide-ranging knowledge of its society to support his analysis and generate fresh insights. Arguing that capitalism would create an ever-increasing division in wealth and welfare, he predicted its abolition and replacement by a system with common ownership of the means of production. Capital rapidly acquired readership among the leaders of social democratic parties, particularly in Russia and Germany, and ultimately throughout the world, to become a work described by Marx's friend and collaborator Friedrich Engels as 'the Bible of the Working Class' In his introduction, Ernest Mandel illuminates a revolutionary theory whose impact on the turbulent events of the twentieth century has become ever more apparent. Karl Marx (1818-1883) was born in Trier, Germany and studied law at Bonn and Berlin. In 1848, with Freidrich Engels, he finalized the Communist Manifesto. He settled in London, where he studied economics and wrote the first volume of his major work, Das Kapital (1867, with two further volumes in 1884 and 1894). He is buried in Highgate Cemetery, London. If you enjoyed Capital, you might like Marx and Engels' The Communist Manifesto, also available in Penguin Classics.

    • Business & Economics

How Much is that in Real Money?

A Historical Commodity Price Index for Use as a Deflator of Money Values in the Economy of the United States
Author: John J. McCusker
Publisher: Amer Antiquarian Society
ISBN: 9781929545018
Category: Business & Economics
Page: 142
View: 7648
McCusker (history, economics, Trinity University) presents a consistent commodity price index useful for converting prices from any time in the American past, as far back as 1665, to their comparable value in today's dollars. In an introduction, he explores the theory and practice behind the constru

    • Business & Economics

Adam Smith's Legacy

His Place in the Development of Modern Economics
Author: Michael Fry,Secretary to the London Wildlife Trust Michael Fry
Publisher: Routledge
ISBN: 1134925867
Category: Business & Economics
Page: 224
View: 4031
First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

    • Business & Economics

The Index Number Problem

Construction Theorems
Author: Sydney Afriat
Publisher: OUP Oxford
ISBN: 019164952X
Category: Business & Economics
Page: 256
View: 6010
A theft amounting to £1 was a capital offence in 1260 and a judge in 1610 affirmed the law could not then be applied since £1 was no longer what it was. Such association of money with a date is well recognized for its importance in very many connections. Thus arises the need to know how to convert an amount at one date into the right amount at another date: in other words, a price index. The longstanding question concerning how such an index should be constructed is known as 'The Index Number Problem'. The ordinary consumer price index represents a practical response to this need. However the search for a true price index has given rise to extensive thought and theory to which an impressive number of economists have each contributed a word, or volume. However, there have been hold-ups at a basic level, which are addressed in this book. The approach brings the subject into involvement with utility construction on the basis of finite data, in a form referred to as 'Afriat's Theorem' but now with utility subject to constant (and also possibly approximate) returns.

    • Banks and banking

Money and Trade Considered

With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705
Author: John Law
Publisher: N.A
Category: Banks and banking
Page: 226
View: 999

    • Business & Economics

The Plutocratic Bias in the CPI

Evidence From Spain
Author: Mr. Javier Ruiz Castillo,Mr. Eduardo Ley,Mr. Mario Izquierdo
Publisher: International Monetary Fund
ISBN: 1451989415
Category: Business & Economics
Page: 25
View: 6586
We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. We estimate that during the 1990s the plutocratic bias in Spain amounts to 0.055 percent per year. However, positive and negative biases cancel off when averaging over the whole period. The mean absolute bias is significantly larger, 0.090. We can explain most of the oscillations experimented by the plutocratic bias by the price behavior of three goods: a luxury good and two necessities.

    • Bell towers


Author: George Laurence Gomme
Publisher: N.A
Category: Bell towers
Page: 327
View: 9690

    • Business & Economics

The Trend of Economic Thinking

Essays on Political Economists and Economic History
Author: F.A. Hayek
Publisher: Routledge
ISBN: 1134966032
Category: Business & Economics
Page: 400
View: 2849
This volume presents much newly published work by Hayek on methodology of economics, its development as a subject, its key thinkers and its important debates. It is published in corrected, revised and annotated form with a long introduction.

    • Business & Economics

Price Index Concepts and Measurement

Author: W. Erwin Diewert,John Greenlees,Charles R. Hulten
Publisher: University of Chicago Press
ISBN: 0226148572
Category: Business & Economics
Page: 536
View: 5719
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.

    • Business & Economics

Interdependent Development

Author: Harold Brookfield
Publisher: Routledge
ISBN: 1136856579
Category: Business & Economics
Page: 256
View: 2088
Rather than being a book about ‘development’ per se, this work, first published in 1975, is instead a book about ideas about development, designed for those drawn by a concern over social injustice into the development field. In a selective review of theory, which gives particular emphasis to the spatial dimension in Western, Marxist and neo-Marxist thought, Harold Brookfield traces the evolution of ideas about world inequality and the problem of development from the days before the ‘underdeveloped countries’ were considered to be a major problem, through the years dominated by ‘economic growth’, to the more searching approaches of the contemporary era. The central argument of the book is that development is a ‘totality’, which cannot properly be understood by separation into parts. The ‘developed’ and ‘underdeveloped’ countries constitute one interdependent system, and change in one cannot be understood without consideration of the other.

    • History

Outlines of the Evolution of Weights and Measures and the Metric System

Author: William Hallock,Herbert Treadwell Wade
Publisher: Palala Press
ISBN: 9781377753713
Category: History
Page: 326
View: 2959
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

    • Business & Economics

Economics and the Price Index

Author: S.N. Afriat,Carlo Milana
Publisher: Routledge
ISBN: 1134029152
Category: Business & Economics
Page: 288
View: 2693
The price index, a pervasive long established institution for economics, is a number issued by the Statistical Office that should tell anyone the ratio of costs of maintaining a given standard of living in two periods where prices differ. For a chain of three periods, the product of the ratios for successive pairs must coincide with the ratio for the endpoints. This is the chain consistency required of price indices. A usual supposition is that the index is determined by a formula involving price and quantity data for the two reference periods, always joined with the question of which one to choose, and the perplexity that chain consistency is not obtained with any. Hence finally they should all be abandoned. This situation reflects ‘The Index Number Problem’. This book brings together a coherent discussion of fifty years of astonishingly creative work on this subject.

    • Business & Economics

Consumer Price Index Manual

Theory and Practice
Author: International Labour Office
Publisher: International Labour Organization
ISBN: 9789221136996
Category: Business & Economics
Page: 535
View: 5714
The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.

    • Business & Economics

History of Monetary Systems

Author: Alexander Del Mar
Publisher: The Minerva Group, Inc.
ISBN: 0898750628
Category: Business & Economics
Page: 448
View: 8968
This book covers the history of money and finance. It is the result of fifteen years of research by the author, Alexander Del Mar, in great libraries and coin collections of Europe. He traced the historical development in all ages of which any coinage or other numismatic remains exist. He reveals in the great states of antiquity that money was a pillar of the constitution, its usage, its meaning in different countries at different times and how private coinage originated. It describes it's physical component and the discussion about its value, whether the value of money constitutes the metal or paper from which it is made or its numerical relation, and what governmental body should control this.