The Balance of Payments

Lionel Robbins

Chapter 17 in Economic Science and Political Economy, 1997, pp 255-271 from Palgrave Macmillan

Abstract: Abstract The Trust Deed which governs these lectures affords a wide choice of subject-matter. It requires that ‘the lectures shall have as their subject the application of economics and statistics to a practical problem or problems of general interest and that the subject shall be treated from a scientific and not from a party political standpoint’. But beyond the letter of the Deed, there is perhaps implicit a further obligation, namely, to choose a subject which would have been congenial to the distinguished man whom the lectures commemorate. It is not a severe limitation; for little was alien to that vivid and versatile personality. But at least to those who knew him it must be an additional principle of selection.

Keywords: Foreign Exchange; Exchange Market; Financial Policy; Money Income; Credit System (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12761-0_18

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DOI: 10.1007/978-1-349-12761-0_18

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