An Essay On The Governing Causes Of The Natural Rate Of Interest (1912) - Paperback

by Joseph Massie (Author)

""An Essay On The Governing Causes Of The Natural Rate Of Interest"" is a book written by Joseph Massie and originally published in 1912. The book discusses the concept of the natural rate of interest and its governing causes. The author examines the factors that determine the natural rate of interest, including the supply and demand of money and credit, the level of economic activity, and the general price level. Massie argues that the natural rate of interest is the rate that would prevail in a free market without government intervention, and that attempts to manipulate interest rates through monetary policy can have unintended consequences. The book is written in a scholarly style and includes references to economic theory and historical examples. It is considered a classic work in the field of monetary economics and is still relevant today for its insights into the nature of interest rates and their role in the economy.Wherein The Sentiments Of Sir William Petty And Mr. Locke, On That Head, Are Considered.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.