The English Capital Market - 9781138968820

The English Capital Market - 9781138968820

Taylor & Francis

First Published in 1968. If this book aimed at a descriptive account of the detailed phenomena of the Money Market, it would necessarily be concerned mainly with the manner in which the market was adjusting its operations to the special disturbances arising from the war, and would deal principally with such matters as the abolition of time dealings on the Stock Exchanges, the influence of public finance on monetary conditions and the prospects of a return to an effective gold standard. But that is not its object. Its main purpose is one not of description but of interpretation. It attempts to trace the nature of the economies which the market effects as part of the organization of production, and to express those economies in terms of economic welfare. > PART I LEADING IDEAS I. INTRODUCTORY II. THE MARKET IN RELATION TO MONEY AND CAPITAL III. THE MARKET IN RELATION TO CREDIT IV. GENERAL VIEW OF THE MARKET PART II OUTLINE OF THE THEORY OF MONEY V. THE QUANTITY THEORY VI. THE DEMANDe

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