Readings in Money and Banking : Selected and Adapted

Format:

Book

Author/Creator:

Phillips, Chester Arthur, 1882-1976

Language:

English

Physical Description:

1 online resource : multiple file formats

Place of Publication:

Salt Lake City, UT : Project Gutenberg,

Summary:

"Readings in Money and Banking" by Chester Arthur Phillips is an educational text written in the early 20th century. This work serves as a supplemental collection of readings related to the subjects of money, banking, and currency, aimed primarily at students studying economics and finance. The book discusses the historical context, functions, and properties of money, as well as significant banking concepts and contemporary issues of its time. At the start of this text, the author lays the groundwork for understanding the significance of money as a medium of exchange and a measure of value. He addresses the concept of barter and the inconveniences associated with it, ultimately leading to the emergence of money as a solution to facilitate trade. He explores the roles that different materials, especially metals like gold and silver, have played throughout history in serving as currency. Phillips highlights key ideas around the beginnings and evolution of monetary systems, emphasizing their importance for economic stability and growth. (This is an automatically generated summary.)

Credits:

E-text prepared by Jonathan Ingram, Josephine Paolucci, and the Online Distributed Proofreading Team (http://www.pgdp.net) from page images generously made available by Internet Archive/Canadian Libraries (http://www.archive.org/details/toronto)

Notes:

Reading ease score: 54.1 (10th to 12th grade). Somewhat difficult to read.

Release date is 2011-01-30