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Originally published in 1886, this book is a fascinating historical document that offers insights into economic debates of the late 19th century. George argues that falling prices are a sign of economic progress, and that attempts to artificially prop up prices through government intervention are misguided and ultimately harmful. His insights remain relevant today, as policymakers continue to grapple with issues of monetary policy and inflation. 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…mehr

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Originally published in 1886, this book is a fascinating historical document that offers insights into economic debates of the late 19th century. George argues that falling prices are a sign of economic progress, and that attempts to artificially prop up prices through government intervention are misguided and ultimately harmful. His insights remain relevant today, as policymakers continue to grapple with issues of monetary policy and inflation. 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.
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