Money, Prices and Production: Some Fundamental Concepts

James W. Angell

The Quarterly Journal of Economics, 1933, vol. 48, issue 1, 39-76

Abstract: Introduction, 39. — I. A simplified case; basic relations and equations, 39.— II. "Circular velocity" and "velocity of circulation," 43. — III. The value of working capital, 47. — IV. The required stock of money; determinants of its circular velocity, 58. — V. Producers' goods and "equilibrium"; pure services; government finance, 67.— VI. Summary; available statistics, 72.

Date: 1933
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