Full text: Modern monetary systems

THE INCOME TAX IN GREAT BRITAIN 
AND THE UNITED STATES 
By Harrison B. SpauLping, Ph.D. Demy 8vo. 280 pp. 12s. 
In both Great Britain and the United States the income tax is the principal 
source of public revenue, and a comparative study of the income tax laws of 
these two great English-speaking nations has long been needed. This book 
is an attempt to meet this demand. 
CURRENCY AND PRICES IN INDIA 
By C. N. VakiL, M.A,, and S. K. MuranjaN, M.A. Demy 
8vo. jbo pp. 18s. 
This volume explains in detail the causes affecting the changes in the prices 
of different important commodities and the general price-level in India. The 
part played by the currency system in this connection is also fully discussed. 
AN ACADEMIC STUDY OF SOME MONEY 
MARKET AND OTHER STATISTICS 
By E. G. Peake, O.B.E., M.A., LL.B. Second Edition, revised 
and extended. Crown 4to. 100 pp. 42 Statistical Charts 
and many Tables. 15s. 
INFLATION 
By J. SmieLp NicroLrsoN, M.A., Sc.D., Professor of Political 
Economy in the University of Edinburgh. Crown 8vo. 
143 pp. 3s 6d. 
The Inflation consequent on the Abandonment of the Gold Standard dur- 
ing the War—The Burden of High Prices—The Burden of our Public Debt 
and of Taxation for Interest. 
BANKING POLICY AND THE PRICE-LEVEL 
An Essay in the Theory of the Trade Cycle 
By D. H. RosertsoN, M.A., Fellow of Trinity College, 
Cambridge, Lecturer in Economics in the University of 
Cambridge. Crown 8vo. 106 pp. 5s. 
The purpose of this book is to examine critically the doctrine that the Trade 
Cycle is due to purely monetary causes and could be abolished by a monetary 
policy designed to keep the general price-level stable. The merits and 
limitations of such a policy are discussed together with some other matters 
bearing on the problem of industrial stabilization. In the course of the 
argument some new light, it is believed, is thrown on certain aspects of the 
Theory of Money and Banking, and on the nature of the burden inflicted by 
Inflation. 
P. S. KING & SON, LTD. 
14 GREAT SMITH STREET, WESTMINSTER, S.W.1
	        
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