Stabilizing the Dollar (Classic Reprint): A Plan to Stabilize the General Price Level, Without Fixing Individual Prices: A Plan to Stabilize the ... Fixing Individual Prices (Classic Reprint) - Softcover

Fisher, Irving Geological

9781440054037: Stabilizing the Dollar (Classic Reprint): A Plan to Stabilize the General Price Level, Without Fixing Individual Prices: A Plan to Stabilize the ... Fixing Individual Prices (Classic Reprint)

Softcover

ISBN 10: 1440054037 ISBN 13: 9781440054037

Verlag: Forgotten Books, 2018

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Excerpt from Stabilizing the Dollar

Tim fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable. The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial dis content. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized. To show that permanent stability can be secured is the chief aim of this book; and a specific and de tailed plan for this purpose is presented.

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Rese�a del editor

Excerpt from Stabilizing the Dollar: A Plan to Stabilize the General Price Level, Without Fixing Individual Prices

Tim fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable.

The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial dis content. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized.

To show that permanent stability can be secured is the chief aim of this book; and a specific and de tailed plan for this purpose is presented.

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Rese�a del editor

The fundamental fact on which the proposal of this book is based is that the purchasing power of the dollar is uncertain and variable, that is, that the price level is unstable. The war has caused the greatest upheaval of prices the world has ever seen. Inseparably connected with this upheaval is grave and world-wide industrial discontent. Because of this and because of the perplexity of business men as to future movement of prices, there has been much discussion going on of the question whether the level of war prices will drop or whether it can be stabilized. To show that permanent stability can be secured is the chief aim of this book; and a specific and detailed plan for this purpose is presented. The first sketch of this plan was published in 1911 (in my Purchasing Power of Money). It was later presented before the International Congress of Chambers of Commerce at Boston, September, 1912, and again before the American Economic A ssociation, December, 1912. The plan was elaborated in the Quarterly Journal of Economics, February, 1913. In October, 1917, I gave the Hitchcock lectures at the University of California, using much of the material published now, for the first time, in this book.
(Typographical errors above are due to OCR software and don't occur in the book.)

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Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

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