Publisher's Synopsis
Depression of Trade and Want of Employment: A Search After a Sound Basis of Political Economy is a book written by H. Williams in 1885. The book explores the causes of economic depression and unemployment, and proposes solutions based on a sound understanding of political economy. Williams argues that the prevailing economic theories of the time were inadequate to address the problems facing society, and that a new approach was needed. The book begins by examining the causes of depression, including overproduction, speculation, and the unequal distribution of wealth. Williams then suggests that the key to solving these problems is to create a more equitable distribution of wealth, and to promote economic growth through investment in infrastructure and education. He also advocates for the establishment of a national banking system, which he believes would help stabilize the economy and prevent financial crises. Throughout the book, Williams emphasizes the importance of taking a holistic approach to political economy, and of considering the social and moral dimensions of economic policy. He argues that economic growth must be balanced with social welfare, and that policies that benefit the wealthy at the expense of the poor are ultimately self-defeating. Overall, Depression of Trade and Want of Employment is a thought-provoking exploration of the challenges facing society in the late 19th century, and a call to action for those seeking to create a more just and equitable economic system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
