Three Lectures On The Cost Of Obtaining Money And Some Effects Of Private And Government Paper Money (1830)

""Three Lectures On The Cost Of Obtaining Money And Some Effects Of Private And Government Paper Money"" is a book written by Nassau William Senior in 1830. The book is a collection of three lectures that Senior delivered at the University of Oxford in the same year. The first lecture discusses the cost of obtaining money, which includes the interest rates charged by lenders and the various factors that affect these rates. Senior explains the concept of the ""natural rate of interest"" and how it is determined by the supply and demand for money. He also explores the effects of government policies, such as the regulation of interest rates and the use of paper money, on the cost of obtaining money.In the second lecture, Senior examines the effects of private paper money on the economy. He discusses the advantages and disadvantages of paper money compared to metallic currency, and the different types of paper money in circulation at the time. Senior also explores the impact of paper money on the price level and the overall economy.The third lecture focuses on the effects of government paper money, specifically on the economy of England. Senior discusses the history of government paper money in England, from the Bank of England's issuance of banknotes to the use of paper money during wartime. He also examines the impact of government paper money on the price level, the exchange rate, and the overall economy.Overall, ""Three Lectures On The Cost Of Obtaining Money And Some Effects Of Private And Government Paper Money"" provides a comprehensive analysis of the cost of obtaining money and the effects of paper money on the economy. It is a valuable resource for anyone interested in the history of money and banking, as well as the economic theories and policies of the early 19th century.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.