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""An Essay On Value: With A Short Account Of American Currency"" is a book written by John Borden in 1897. The book is a detailed analysis of the concept of value and its relationship with the American currency system. Borden provides a comprehensive overview of the various theories of value that have been proposed by economists and philosophers over the years. He also examines the role of money in determining value and the impact of inflation on the economy.The book is divided into two parts. The first part deals with the concept of value and its different interpretations. Borden examines the theories of value proposed by classical economists such as Adam Smith and David Ricardo, and compares them with the theories of modern economists such as John Stuart Mill and Karl Marx. He also discusses the concept of subjective value, which he believes is a more accurate way of determining value.The second part of the book deals with the American currency system. Borden provides a brief history of American currency, from the colonial period to the present day. He examines the various types of currency that have been used in the United States, including gold and silver coins, paper money, and bank notes. He also discusses the role of the Federal Reserve System in controlling the money supply and maintaining the stability of the currency.Overall, ""An Essay On Value: With A Short Account Of American Currency"" is a comprehensive and insightful analysis of the concept of value and its relationship with the American currency system. Borden's book is an important contribution to the field of economics and is still relevant today, more than a century after its initial publication.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.
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""An Essay On Value: With A Short Account Of American Currency"" is a book written by John Borden in 1897. The book is a detailed analysis of the concept of value and its relationship with the American currency system. Borden provides a comprehensive overview of the various theories of value that have been proposed by economists and philosophers over the years. He also examines the role of money in determining value and the impact of inflation on the economy.The book is divided into two parts. The first part deals with the concept of value and its different interpretations. Borden examines the theories of value proposed by classical economists such as Adam Smith and David Ricardo, and compares them with the theories of modern economists such as John Stuart Mill and Karl Marx. He also discusses the concept of subjective value, which he believes is a more accurate way of determining value.The second part of the book deals with the American currency system. Borden provides a brief history of American currency, from the colonial period to the present day. He examines the various types of currency that have been used in the United States, including gold and silver coins, paper money, and bank notes. He also discusses the role of the Federal Reserve System in controlling the money supply and maintaining the stability of the currency.Overall, ""An Essay On Value: With A Short Account Of American Currency"" is a comprehensive and insightful analysis of the concept of value and its relationship with the American currency system. Borden's book is an important contribution to the field of economics and is still relevant today, more than a century after its initial publication.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.