
The Value of Money
Exploring Currency Impact and Economic TheoryBy Benjamin M. AndersonLength18h 6m
About this audiobook
In "The Value of Money," Benjamin M. Anderson presents a profound exploration of monetary theory and its implications on economic behavior. Written in a clear yet sophisticated style, Anderson delves into the intrinsic characteristics of money, dissecting its role as a medium of exchange, a unit of account, and a store of value. Contextually situated against the backdrop of the early 20th-century economic landscape, this work responds to the prevailing debates surrounding the gold standard and the emerging monetary policies of his time. Anderson's incisive arguments and rigorous analysis make it a compelling study for both economists and lay readers alike. Ben M. Anderson was a prominent economist and a pioneering figure in the field of monetary economics. His experiences as a banker during the tumultuous economic transitions of the 1920s and 1930s heavily influenced his perspective on the importance of a stable monetary system. His scholarly upbringing, coupled with a deep understanding of real-world economic applications, equipped him with a unique vantage point to tackle the complexities of currency and value. For those interested in the intricate interplay between money and economic dynamics, "The Value of Money" is an essential read. Anderson's rigorous analysis not only illuminates historical monetary policies but also provides timeless insights relevant to contemporary economic discourse. This book is invaluable for scholars, students, and practitioners seeking a thorough grasp of monetary principles and their far-reaching implications.
Audiobook details
GenreBusiness and Economics
Length18 hrs 6 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateOct 5, 2023
LanguageEnglish
Table of contents
1PREFACE
30APPENDIX TO CHAPTER XIII
2PART I. THE VALUE OF MONEY AND THE GENERAL THEORY OF VALUE
31THE RELATION OF FOREIGN TO DOMESTIC TRADE IN THE UNITED STATES[301]
3PART II. THE QUANTITY THEORY
32CHAPTER XIV
4PART IV. THE RECONCILIATION OF STATICS AND DYNAMICS
33THE VOLUME OF TRADE AND THE VOLUME OF MONEY AND CREDIT
5ECONOMIC VALUE
34CHAPTER XV
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6CHAPTER II
35THE QUANTITY THEORY: THE "PASSIVENESS OF PRICES"
7SUPPLY AND DEMAND, AND THE VALUE OF MONEY
36CHAPTER XVI
8CHAPTER III
37THE QUANTITY THEORY AND INTERNATIONAL GOLD MOVEMENTS
9COST OF PRODUCTION AND THE VALUE OF MONEY
38CHAPTER XVII
10CHAPTER IV
39THE QUANTITY THEORY vs. GRESHAM'S LAW
11THE CAPITALIZATION THEORY AND THE VALUE OF MONEY
40CHAPTER XVIII
12CHAPTER V
41THE QUANTITY THEORY AND "WORLD PRICES"
13MARGINAL UTILITY AND THE VALUE OF MONEY
42CHAPTER XIX
14CHAPTER VI
43STATISTICAL DEMONSTRATIONS OF THE QUANTITY THEORY—THE REDISCOVERY OF A BURIED CITY
15THE QUANTITY THEORY OF PRICES. INTRODUCTION
44CHAPTER XX
16CHAPTER VII
45RECAPITULATION OF POSITIVE DOCTRINE
17DODO-BONES
46CHAPTER XXI
18CHAPTER VIII
47THE ORIGIN OF MONEY, AND THE VALUE OF GOLD
19THE "EQUATION OF EXCHANGE"
48CHAPTER XXII
20CHAPTER IX
49THE FUNCTIONS OF MONEY AND THE VALUE OF MONEY
21THE VOLUME OF MONEY AND THE VOLUME OF CREDIT
50CHAPTER XXIII
22CHAPTER X
51CREDIT
23"NORMAL" VS. "TRANSITIONAL" TENDENCIES
52CHAPTER XXIV
24CHAPTER XI
53CREDIT—BANK ASSETS AND BANK RESERVES
25BARTER
54CHAPTER XXV
26CHAPTER XII
55THE RECONCILIATION OF STATICS AND DYNAMICS (pt. 1)
27VELOCITY OF CIRCULATION
56THE RECONCILIATION OF STATICS AND DYNAMICS (pt. 2)
28CHAPTER XIII
57THE RECONCILIATION OF STATICS AND DYNAMICS (pt. 3)
29THE VOLUME OF MONEY AND THE VOLUME OF TRADE—TRADE AND SPECULATION
58TRANSCRIBER'S NOTES