This classic refutation of Keynesian monetary policy and radical prescription for balanced growth in today's private sector economy was written in 1935 by Dr. Harold G. Moulton, the first president of the Brookings Institution (1916-1952) in response to the unsound approach embodied in the New Deal.  Its applicability to the present day is seen by the fact that speculative uses of money and credit, along with massive government and consumer debt, threaten to bankrupt families, companies, and nations alike.  THE FORMATION OF CAPITAL shows how we can reform the financial system to foster more rapid rates of sustainable growth while reversing our mounting deficits and debt.  Moulton's work offers a framework for monetary policy that can spread prosperity, power and freedom to every citizen. Moulton also raises a radical point: Economic progress and growth need not be limited to existing accumulations of savings.  Furthermore, his findings prove that the economy grows faster when it is not dependent on past savings, and businesses can employ "future savings" to finance their economic growth.

The formation of capital (Wall Street and the security markets)

Moulton, Harold Glenn

Arno Press

Capital expansion, employment, and economic stability (Wall Street and the security markets)

War debts and world prosperity, (Kennikat Press scholarly reprints. Series on economic thought, history and challenge)

Kennikat Press

<p>This classic refutation of Keynesian monetary policy and radical prescription for balanced growth in today's private sector economy was written in 1935 by Dr. Harold G. Moulton, the first president of the Brookings Institution (1916-1952) in response to the unsound approach embodied in the New Deal. Its applicability to the present day is seen by the fact that speculative uses of money and credit, along with massive government and consumer debt, threaten to bankrupt families, companies, and nations alike. THE FORMATION OF CAPITAL shows how we can reform the financial system to foster more rapid rates of sustainable growth while reversing our mounting deficits and debt. Moulton's work offers a framework for monetary policy that can spread prosperity, power and freedom to every citizen. Moulton also raises a radical point: Economic progress and growth need not be limited to existing accumulations of savings. Furthermore, his findings prove that the economy grows faster when it is not dependent on past savings, and businesses can employ "future savings" to finance their economic growth.</p>

The Formation of Capital

Business & Money

Economics

Once and Future Books

Exercises and Questions for Use With Principles of Money and Banking

History

Legare Street Press

<p>This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. 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 the original work.</p>

Principles Of Money And Banking: A Series Of Selected Materials, With Explanatory Introductions (1916)

Kessinger Publishing

Waterways Versus Railways: -1912

Cornell University Library

Exercises and Questions for Use with 'Principles of Money and Banking'

BiblioLife

This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide.

America and the Balance Sheet of Europe

Bass, John Foster

Americas

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Books by Moulton, Harold Glenn