| Description |
1 online resource (xxv, 301 pages) : illustration |
| Series |
Routledge library editions. Monetary economics ; volume 3 |
|
Routledge library editions. Monetary economics ; v. 3
|
| Contents |
Cover; Half Title; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Dedication Page; Contents; Acknowledgments; Terminology; Introduction; Part I The monetary System; 1 The Nature Of Money; Essential Properties of Money; Definitions Of Money: Liquid Assets, Primary And Secondary Money; Quantity Of Money And Liquid Assets; Liquidity; The Value Of Money; The Quantity Theory Of Money; Summary; 2 The Bank Of England; The Organization Of The Bank Of England; Functions Of The Bank Of England; Relations Between The Bank Of England And The Government; Summary |
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3 The Discount MarketStructure Of The Loudon Discount Market; Source Of Funds; Functions Of The London Discount Market; The Treasury Bill Market; The Structure Of Interest Rates; Summary; 4 The Commercial Banks; Structure Of The Commercial Banks; Commercial Bank Operations; Creation Of Credit; Cash And Liquid Asset Ratios; The Limits To The Process Of Creating Credit; Reversibility Of Bank Expansion; The Short Run; The Long Term; Other Methods Of Bank Control; Bank Rate; Special Deposits; Directives, Requests Or Ear-Stroking; Summary |
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5 Other Financial Institutions And Financial IntermediariesLocal Authorities; Acceptance Houses And Overseas Banks In The United Kingdom; Acceptance Houses; Overseas Banks In The United Kingdom; Financial Intermediaries; Power To Create Credit; Credit Creation Need Not Be At The Expense Of The Banking System; Implications For Monetary Policy; Increase In Liquidity; Impact On Financial Markets; Summary; 6 Monetary Expansion And Contraction; Amount Of Primary And Secondary Money; The Financing Of A Government Deficit; Determinants Of The Government's Annual Surplus Or Deficit |
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Day-To-Day Management Of MoneyOther Financial Institutions And Financial Intermediaries; Summary; Part II Public Finance; 7 Introduction To Public Finance; Imperfections Of Competitive Market Prices; The Government Sector; The Minimum Level Of Government Activity; Redistribution Of Income And Wealth; Summary; 8 The Pattern Of Government Expenditure Since 1900; Conceptual Difficulties; Expenditure Since 1900; Administration And Other; National Debt; Law And Order: Police, Prisons, Law Courts, Judaes' Salaries; Overseas Services; Military Defence; Social Services |
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Economic And Environmental ServicesSummary; 9 The Pattern Of Governmentrevenue Since 1900; Introduction; Revenue Since 1900; Purchase Tax; Comment; Aims And Principles Of Taxation; The Benefit Principle And Ability To Pay; Summary; Appendix Financing Of National Insurance And National Health Services; 10 Government Expenditure Andrevenue (Concluded); Pressures On Government Spending; Pressures On Government Revenue; Recasting The System Of Revenue?; The Selective Employment Tax; Betting And Gambling; Collection Of The Betting Tax; Incidence Of The Tax; Gaming; Conclusions; Summary |
| Summary |
This title, first published in 1970, provides a comprehensive account of the public finance system in Britain. As well as providing a concise outline of the monetary system as a basis for the realistic understanding of public finance, the author also describes the pattern of government expenditure and revenue in the twentieth-century and goes on to give a detailed account of the taxation system up until April 1969. This title will be of interest to students of monetary economics |
| Bibliography |
Includes bibliographical references (pages 287-291) |
| Notes |
Online resource; title from PDF title page (EBSCO, viewed June 8, 2017) |
| Subject |
Finance, Public -- Great Britain -- History -- 1945-
|
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BUSINESS & ECONOMICS -- Public Finance.
|
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Finance, Public
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Great Britain
|
| Genre/Form |
History
|
| Form |
Electronic book
|
| ISBN |
9781351785112 |
|
1351785117 |
|
9781351785105 |
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1351785109 |
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9781315202457 |
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131520245X |
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9781351785099 |
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1351785095 |
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