Author : F. W. Pethick Lawrence
Publisher : Forgotten Books
ISBN 13 : 9780656133208
Total Pages : 70 pages
Book Rating : 4.1/5 (332 download)
Book Synopsis Why Prices Rise and Fall (Classic Reprint) by : F. W. Pethick Lawrence
Download or read book Why Prices Rise and Fall (Classic Reprint) written by F. W. Pethick Lawrence and published by Forgotten Books. This book was released on 2018-02-09 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Why Prices Rise and Fall This little book has been written for the man or woman who wishes to understand the economic basis of prices. For this purpose I have endeavoured to make it as readable as possible by giving a number of illustrations taken from the practical affairs of every-day life. The first four chapters deal with the general principles of making and using, and are of universal application. The next three chapters illustrate exchange and money. Chapters VIII to XI are devoted to an outline of the recognized economic theory of prices based on the system of complete competitive private ownership. I have indicated the basis on which the proceeds are shared out between rent, interest, profits, and wages; and have specially discussed the effects of an increase in wages on prices and of an increase in prices on wages and profits. Chapter XII is concerned with the result of taxation. In Chapter XIII I have explained the basis on which prices are decided when the competitive system gives place to monopoly. Chapter XIV is a brief sketch of the effect of public control on prices under competitive or monopolistic conditions. In Chapter XV I have dis cussed prices under public ownership. In Chapters XVI and XVII, I apply the theories of the preceding chapters to the events of the last six years. Chapter XVIII is a somewhat hazardous attempt to penetrate into the future. Owing to the rigid limits of space, the book is necessarily a mere outline of the subject. But if I have illumined some dark places, still more if I have made this part of the dismal' science intelligible and even interesting, I shall feel that my work has not been in vain. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.