Bøker av Henry Thornton

This 19th-century work examines the financial history of Great Britain. In particular, it looks at the nation's use of paper credit, a practice characterized by printing paper notes without corresponding gold backing. Through investigative analysis and historical context, author John Broughton seeks to understand the nature of paper credit and its effects on Britain's economy and larger financial system.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This book, first edited with an introduction by F. A. v. Hayek in 1939, explores some of the popular errors which related to the suspension of the cash payments of the Bank of England, and to the influence of our paper currency on the price of provisions.