TY - JOUR
AU - Weston, S. F.
AB - No. 2.] REVIEWS. purchasing power, ” established by the common conse nt of the com ­ mercial world and , not by virtue of any legislative authority ; while “ silver and othe r moneys have nota universal purchasing power. because these moneys do not pass current at their mint ratio outside of the countr where y th^y are issued. ” Consistentl wit yh all this, the decline in the price of silver is ascribed solely to the increas e in its production and , the adoption of international bimetallism is expected to have no effect on the value of money or the leve lof prices. Views like Mr. Miller ’s are easily explicabl e as a reaction against the wild talk of paper-mone advoca y tes and the exaggerations of extreme bimetallist propaganda The . y contain their shar e of truth, too, and on some subjects — as on the practi cal difficulties of apply ­ ing the tabular standa — rd Mr. Miller ’s criticis ms are independent and shrewd . But in the main his reasoning on matte rs of princip le is only half sound. The task of those who go with him in 
TI - Saggi di Economia e Finanza, by A. de Viti de Marco
JO - Political Science Quarterly
DO - 10.2307/2139788
DA - 1899-06-15
UR - https://www.deepdyve.com/lp/oxford-university-press/saggi-di-economia-e-finanza-by-a-de-viti-de-marco-VEFFqqFMH1
SP - 333
EP - 334
VL - 14
IS - 2
DP - DeepDyve
ER -