Publisher's Synopsis
The New Philosophy of Money, written by Alfred B. Westrup in 1895, is a comprehensive guide that explores the nature and function of money, as well as the proper way to supply it. The book is a practical treatise that provides readers with a detailed analysis of the role of money in the economy and its impact on society.Westrup begins by examining the historical evolution of money and the various forms it has taken over the centuries. He then delves into the fundamental principles of money and its function as a medium of exchange, store of value, and unit of account. The author also discusses the various types of money, including metallic, paper, and credit money.The book also covers the role of banks and financial institutions in the supply of money, as well as the impact of government policies on the money supply. Westrup provides a critical analysis of the monetary system and advocates for a more efficient and stable system that is based on sound economic principles.Overall, The New Philosophy of Money is a valuable resource for anyone interested in understanding the nature and function of money and its impact on the economy and society. The book is written in an accessible and engaging style, making it suitable for both experts and lay readers alike.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.
