The Theory of International Prices : : History, Criticism and Restatement / / James W. Angell.

• Superior document: Title is part of eBook package: De Gruyter HUP e-dition: Complete eBook Package
• VerfasserIn: Angell, James W.,
• Place / Publishing House: Cambridge, MA : : Harvard University Press, , [2013]; ©1926
• Year of Publication: 2013
• Edition: Reprint 2013
• Language: English
• Series: Harvard Economic Studies ; 28
• Physical Description: 1 online resource (571 p.) :; Zahlr. Abb.

Marked changes in the world’s commercial and financial situation since the war have inevitably drawn an increasing amount of attention to international exchange and to the conditions that govern its terms. The present study is directed to one aspect of these conditions. In the first two sections Professor Angell traces the origin and development of the characteristic English theory of international exchange and the criticisms to which Continental economists subjected it. In the third section he attacks his subject from a fresh angle, taking into account at every point the nature of present-day banking and financial conditions and the many unprecedented phenomena the world has witnessed since 1914. His deductions will naturally awaken discussion both among bankers and among students of economics, and should result in a considerable clarifying of thought and practice on this vexed question of our time.

Table of Contents

Frontmatter -- PREFACE -- CONTENTS -- PART I. THE HISTORY OF ENGLISH THOUGHT -- I. INTRODUCTION -- II. ENGLISH THOUGHT BEFORE THE NINETEENTH CENTURY -- III. THE BULLION CONTROVERSY AND THE EARLY CLASSICAL WRITERS -- IV. THE GENERAL THEORY OF INTERNATIONAL TRADE AFTER RICARDO -- V. THE THEORY OF MONEY AND PRICES, 1848-1914 -- VI. INTERNATIONAL PRICE ADJUSTMENTS: THEORIES AND INVESTIGATIONS, 1848-1914 -- VII. THEORIES OF PRICES AND THE EXCHANGES SINCE 1914 -- PART II. THE HISTORY OF CONTINENTAL THOUGHT -- VIII. FRENCH MERCANTILISM AND THE ANTI-MERCANTILIST REACTION, TO 1776 -- IX. THE THEORY OF INTERNATIONAL EXCHANGE IN FRANCE, 1776-1880: ENGLISH DOCTRINE AND EARLY FRENCH CRITICS -- X. THE THEORY OF INTERNATIONAL EXCHANGE IN FRANCE AFTER 1880: PARTIAL ADAPTATIONS AND RADICAL CRITICISMS -- XI. RECENT FRENCH THEORIES OF INTERNATIONAL TRADE UNDER DEPRECIATED CURRENCIES -- XII. RECENT ITALIAN THOUGHT -- XIII. GERMAN AND AUSTRIAN THOUGHT SINCE I860 -- PART III. A RESTATEMENT OF THE THEORY OF INTERNATIONAL PRICES -- XIV. THE CLASSICAL ENGLISH THEORY: RECAPITULATION AND FURTHER CRITICISM -- XV. GENERAL RELATIONSHIPS BETWEEN NATIONAL PRICE STRUCTURES -- XVI. THE MAINTENANCE OF EQUILIBRIUM IN THE BALANCE OF INTERNATIONAL PAYMENTS -- XVII. DISSIMILAR CURRENCIES AND THE EFFECTS OF DEPRECIATION -- XVIII. THE DETERMINATION OF RATIOS OF INTERNATIONAL EXCHANGE -- APPENDICES -- APPENDIX A -- APPENDIX B -- APPENDIX C -- APPENDIX D -- INDEX