Author: John Badlam Howe

Publisher:

Published: 2015-08-05

Total Pages: 254

ISBN-13: 9781332224791

Excerpt from Monetary and Industrial Fallacies: A Dialogue The following dialogue was intended to form part of a work entitled The Political Economy of Great Britain, the United States, and France, in the Use of Money: A New Science of Production and Exchange. As it would swell the book to too great a size for convenience, it is published separately. To some minds this form of arguing economical and monetary questions may be more agreeable than a didactic and formal one; and besides this, a comparison with prevailing opinions can be carried along at the same time. New ideas are thus presented in the most forcible manner possible, and those who offer them have some opportunity of being heard, by being found in company with those who can argue in favor of the old ideas. The dialogue introduces a skilled workman who is in search of work, who thinks the national banks ought to be immediately wound up because they are making money scarce, and their notes replaced by government issues. Absurd as this scheme really is, and as it certainly appears to most men who have any knowledge of practical affairs, some business men, thousands of laborers, skilled and unskilled, and some men who are well known as writers upon economical questions, support it. The minds of ignorant, and, in many instances, vicious, as well as ignorant men, are being filled with false ideas by traveling lecturers and speakers, in some parts of the United States, and there is no organized effort to counteract it. 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.