Publisher's Synopsis
The Theory of Money, written by Dalgairns Arundel Barker and first published in 1913, is a comprehensive study of the concept of money and its role in economics. The book explores the historical development of money, from its origins as a medium of exchange to its function as a store of value and unit of account. Barker examines the different types of money, including commodity money, fiat money, and credit money, and analyzes their advantages and disadvantages. He also explores the relationship between money and prices, and the role of inflation in the economy. The book delves into the theories of various economists, including Adam Smith, David Ricardo, and John Stuart Mill, and evaluates their contributions to the understanding of money. Barker also presents his own theories on the subject, drawing on his extensive knowledge of economic history and theory. Overall, The Theory of Money is a seminal work in the field of economics, providing a thorough and insightful analysis of the nature and function of money. It remains relevant today as a foundational text for anyone interested in understanding the complexities of modern monetary systems.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.
