Fiat Money Inflation in France - White, Andrew Dickson
17,99 €
inkl. MwSt.

Versandfertig in 1-2 Wochen
payback
9 °P sammeln
  • Broschiertes Buch

In 1790 the French people, by general acquiescence, embarked upon what they believed to be a harmless experiment in currency inflation. The results of this action are vividly described in Dr. Andrew D. White's book entitled Fiat Money Inflation in France - How It Came, What It Brought and How It Ended. Legislatures are as powerless to abrogate moral and economic laws as they are to abrogate physical laws. They cannot convert wrong into right nor divorce effect from cause, either by parliamentary majorities, or by unity of supporting public opinion. The penalties of such legislative folly will…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
In 1790 the French people, by general acquiescence, embarked upon what they believed to be a harmless experiment in currency inflation. The results of this action are vividly described in Dr. Andrew D. White's book entitled Fiat Money Inflation in France - How It Came, What It Brought and How It Ended. Legislatures are as powerless to abrogate moral and economic laws as they are to abrogate physical laws. They cannot convert wrong into right nor divorce effect from cause, either by parliamentary majorities, or by unity of supporting public opinion. The penalties of such legislative folly will always be exacted by inexorable time. While these propositions may be regarded as mere commonplaces, and while they are acknowledged in a general way, they are in effect denied by many of the legislative experiments and the tendencies of public opinion of the present day. The story, therefore, of the colossal folly of France in the closing part of the eighteenth century and its terrible fruits, is full of instruction for all men who think upon the problems of our own time.
Autorenporträt
American historian and educator Andrew Dickson White co-founded Cornell University and presided over it as its first president for over 20 years (November 7, 1832 - November 4, 1918). He had a reputation for broadening the purview of college curricula. He had been a politician who had represented New York as a state senator. Later, among other duties, he was designated as an American envoy to Germany and Russia. In his book History of the Warfare of Science with Theology in Christendom, he attempted to substantiate the conflict thesis, which holds that science and religion have always been at odds. He was one of the pioneers of this theory. Clara (née Dickson) and Horace White welcomed their son Andrew Dickson White into the world on November 7, 1832 in Homer, New York. Horace was the son of Asa White, a farmer from Massachusetts, and his wife, while Clara was the daughter of Andrew Dickson, a New York State Assemblyman in 1832, and his wife. When Horace was 13 years old, a fire decimated their formerly prosperous farm.