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by Lionel Danforth Edie (Author)
"Money, Bank Credit and Prices" is a comprehensive study of monetary economics that explores the intricate relationships between currency, banking institutions, and price fluctuations. Lionel D. Edie provides an in-depth analysis of the fundamental principles of credit and money, examining how bank lending practices and central bank policies influence the broader economic landscape. Written during a pivotal era for financial theory, the work offers a detailed investigation into the mechanics of the monetary system and the factors that drive inflation and deflation.
The text addresses critical themes such as the function of the gold standard, the role of the Federal Reserve, and the measurement of price levels through various indices. By synthesizing theoretical frameworks with empirical data from the early 20th century, Edie provides a rigorous look at the dynamics of credit cycles and their impact on purchasing power. "Money, Bank Credit and Prices" remains a significant resource for understanding the evolution of economic thought and the historical precursors to modern financial policy. It is an essential work for scholars and students of economic history and monetary policy interested in the structural foundations of national and international finance.
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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.
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