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The Natural Law of Money.

HeinOnline Taxation & Economic Reform in America, Parts I & II, 1781-2010 Available online

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Online Library of Liberty Available online

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Format:
Book
Author/Creator:
William Brough
Language:
English
Subjects (All):
Money--History.
Money.
Currency question.
Other Title:
Natural Law of Money
Summary:
This textbook is successful where Jevons falls. The author illustrates the evolution of money and credit by reference to the monetary history of this country, the salient features of which he points out.... The prevailing idea of the author is his opposition to any legal-tender law. He pleads for free as opposed to mandatory money. In applying this to our own condition, he presents in strong colors the arguments for a bank-note currency as against a government paper currency.... The broad standpoint the author occupies in discussing the currency problems, and the emphasis he places on credit and its extension, that is. on the close connection between the money and the banking problem, gives the book a peculiar value. Everything is centred about the distinction between an artificial and a natural monetary system.
Notes:
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