Description
This groundbreaking work of economics offers a radical critique of the prevailing theories of value and money in the 19th century. Hamilton argues that economic production should be measured by its ability to satisfy human needs and desires, rather than by the accumulation of wealth and capital. He also explores the impact of global economic forces on the devaluation of silver and Indian currency. With its innovative and provocative ideas, this book remains a significant contribution to the field of economics.
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