The Functions of Sterling


Book Description

Why is sterling under pressure? Why was the devaluation in 1967 followed by stagnation of British economy? What do the 1971 monetary reforms mean for sterling in the 1970s? First published in 1973, The Functions of Sterling discusses these vital questions and challenges the received wisdom of those who tells us it is beneficial that our money should be worth less. It also examines critically the internal and external performance of sterling throughout the twentieth century. The book argues that the credit control policy offers a real possibility of improved economic growth and encourage the revaluation of sterling. To a large extent the book is in line with Sir Ralph Hawtrey’s reasoning and also integrates monetary economics with "real" problems of comparative costs, innovations, and growth. This book is an essential read for scholars of British economy, public policy, political economy, and economics in general.




The Functions of Money


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The Laws of Mauritius


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Capital


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Collected Works (12+ illustrated edition) of Karl Marx: Capital, The Communist Manifesto,Critique of Hegel’s Philosophy of Right


Book Description

Karl Heinrich Marx was a German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. It is hard to think of many who have had as much influence in the creation of the modern world. In addition to his overtly philosophical early work, his later writings have many points of contact with contemporary philosophical debates, especially in the philosophy of history and the social sciences, and in moral and political philosophy. Historical materialism — Marx’s theory of history — is centered around the idea that forms of society rise and fall as they further and then impede the development of human productive power. Marx’s economic analysis of capitalism is based on his version of the labour theory of value, and includes the analysis of capitalist profit as the extraction of surplus value from the exploited proletariat. Marx sees the historical process as proceeding through a necessary series of modes of production, characterized by class struggle, culminating in communism. Content Critique of Hegel’s Philosophy of Right, 1843 On the Jewish Question, 1843 The Holy Family, 1845 Theses on Feuerbach, 1845 The Poverty of Philosophy, 1847 Wage Labour and Capital, 1847 Manifesto of the Communist Party, 1848 The Class Struggles in France, 1850 Address of the Central Committee to the Communist League The Eighteenth Brumaire of Louis Napoleon, 1852 A Contribution to the Critique of Political Economy, 1859 Marx’s Inaugural Address Capital