The Theory Of Money And Banks Investigated (1839)

""The Theory of Money and Banks Investigated"" is a book written by George Tucker in 1839 that explores the role of money and banks in the economy. The book is divided into two parts, with the first part discussing the theory of money, while the second part focuses on the theory of banks. In the first part, Tucker examines the nature of money and its functions, including its use as a medium of exchange, a measure of value, and a store of wealth. He also discusses the different types of money, such as commodity money and fiat money, and their advantages and disadvantages. In the second part, Tucker delves into the theory of banks, exploring their role in creating and managing the money supply, and the impact they have on the economy. He discusses the different types of banks, such as central banks and commercial banks, and their functions. He also examines the relationship between banks and the government, and the role of banks in financing government debt. Overall, ""The Theory of Money and Banks Investigated"" provides a comprehensive analysis of the role of money and banks in the economy, and is a valuable resource for anyone interested in understanding the workings of the financial 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.