Publisher's Synopsis
""The Cause of Business Depressions as Disclosed by an Analysis of the Basic Principles of Economics"" is a book written by Hugo Bilgram. The book delves into the underlying principles of economics and how they contribute to business depressions. Bilgram provides a comprehensive analysis of the factors that lead to economic downturns and offers practical solutions to prevent them. The author argues that the root cause of business depressions is the imbalance between the production and consumption of goods and services. He explains how this imbalance can be corrected through proper economic policies and regulations. The book is a valuable resource for anyone interested in understanding the causes of economic depressions and how to prevent them. It is written in a clear and concise style, making it accessible to both economists and non-economists alike. Overall, ""The Cause of Business Depressions as Disclosed by an Analysis of the Basic Principles of Economics"" is a must-read for anyone looking to gain a deeper understanding of the economic forces that shape our world.1914. With 26 diagrams. Bilgram began his investigation into this topic with the intent of determining whether there was a possibility to correct the evil of economic depressions. He wanted to understand if they were the natural outgrowth of industrial progress and commercial development, and if so, then they were not to be avoided. But, if they were due to extraneous causes, and you could identify the cause, then there may be a possibility for preventing their recurrence and insuring continued economic prosperity. The book was also considered to be of importance for exploding the fallacy of the volume theory of money and showing that interest has no reason for being.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.
