Free and Discounted Ebooks
Join 130,000 readers! Get our ebook deals straight to your inbox.

War-Time Financial Problems

Cover image for

Download


Author: Hartley Withers
Published: 1919
Language: English
Wordcount: 83,040 / 246 pg
Flesch-Kincaid Reading Ease: 43.8
LoC Category: U
Downloads: 530
Added to site: 2007.01.17
mnybks.net#: 15835
Genres: Non-fiction, War

At a time when Finance is of greater importance than ever before, it is hoped that this small volume may be of interest and value to the public, and help the application of war's lessons to the problems that face us in peace

Show Excerpt

xpenditure on which hundreds of millions must have gone in peace time, and this restriction of extravagant consumption has to be deducted before we even admit, not that all money spent upon the war is destroyed capital, but even that all the money spent upon the war is destroying what might otherwise have become capital.

If, then, it is true that the war is not making a very terribly substantial inroad upon the mass of existing capital, how is it going to affect the supply of capital in the future? To answer this question we have to see how capital is created. The answer to this question is very simple, very obvious, and very dull. Capital can only be created by saving.

Saving is such an entirely unpopular virtue that it seems at first sight a disastrous conclusion to arrive at, that if we want to increase the supply of capital it can only be done by stimulating this unattractive habit; and there is a further question to be asked--whether it will be necessary or desirable to have a great increas

SUBSCRIBE TO MANYBOOKS 

FREE EBOOKS 

Join 120,000+ fellow readers! Get Free eBooks and book bargains from ManyBooks in your inbox. 

We respect your email privacy

(advanced)
login | register

User ID

Password

reset password

Author of the Day

Vickie McKeehan
Vickie McKeehan is known for her heartwarming romance novels filled with mystery and suspense that keep readers at the edge of their seats.
Read full interview...