Bøker av William Stanley Jevons

Reprint of the original, first published in 1875.

Dieses Buch bietet eine umfassende Einführung in die Theorie des Geldes und des Geldverkehrs. Es richtet sich an Ökonomen, Wirtschaftswissenschaftler sowie an alle, die sich für Finanzen und Geldtheorie interessieren. Der Autor stellt die grundlegenden Zusammenhänge dar und zeigt, welche Bedeutung diese für die Wirtschaft haben.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.

William Stanley Jevons seeks to demonstrate how the supply of coal - a finite source of energy - is unsustainable, while being heavily relied upon by industrialized economies.The Coal Question is considered the earliest work to discuss extensively the problem of energy resource depletion in an industrialized world. Writing in 1865, the author discusses how ready supplies of coal present in the British Isles is forecast to deplete in the forthcoming decades. The rise of the United States, which surpassed British energy production in 1913, was also predicted by Jevons based on the data he had available on American geology. He notes undesirable side effects of coal burning, most notably air pollution, but laments that curtailment is unlikely without deep societal reform.Jevons' predictions of coal depletion in the British Isles were accompanied by his famous paradox; that increasing efficiency when burning coal does not reduce consumption, but instead induces an increase in demand - the net result being that more, rather than less, coal is consumed over a given period. Jevons' Paradox remains a hotly discussed topic in economics; today, it is applied to gasoline, jet fuel and other energy commodities. It is commonly cited by modern economists discussing the energy transition from fossil fuel to renewable sources, plus conservationism in general.

"Money and the Mechanism of Exchange" is a seminal work in the field of economics written by British economist William Stanley Jevons. Published in 1875, the book represents a significant contribution to the study of money, currency, and their roles in economic transactions. It is considered one of the key texts in the development of the Quantity Theory of Money. Key points and themes of the book include: Quantity Theory of Money: Jevons develops and expounds the Quantity Theory of Money, which posits that the quantity of money in circulation has a direct and proportional relationship with the general price level of goods and services in an economy. This theory has been foundational to the study of monetary economics. Role of Money: Jevons discusses the essential functions of money in an economy, emphasizing its role as a medium of exchange, a measure of value, and a store of wealth. He argues that these functions make money a critical element in facilitating trade and economic activity. Critique of the Banking System: Jevons criticizes the banking system of his time, which relied heavily on fractional reserve banking. He expresses concerns about the stability of the monetary system, the potential for bank runs, and the need for reforms. Velocity of Money: Jevons introduces the concept of the velocity of money, which represents the speed at which money circulates in the economy. He demonstrates how changes in the velocity of money can affect price levels and economic transactions. The Currency Principle: Jevons advocates for the "Currency Principle," which suggests that the entire money supply of an economy should be backed by a metallic reserve (e.g., gold) to ensure monetary stability. This stance reflects the broader debate of the time between supporters of the Currency Principle and the Banking Principle. Utility Theory: Jevons incorporates ideas from the emerging field of marginal utility theory into his analysis of money and exchange. He argues that money has value because it provides utility, and this concept is crucial to his overall economic framework. William Stanley Jevons' work in "Money and the Mechanism of Exchange" is significant not only for its contributions to the understanding of money and monetary theory but also for its role in shaping economic thought during the late 19th century. His ideas influenced later economists and played a part in the development of modern monetary theory and policy.