Introduction; Part I: The working of markets: Supply and demand;
The function of speculation; The pricing of manufactures; The
labour market; Part II: Money and Finance: The nature of money; The
market makes its money; Banks and bank money; Choice among assets;
Theories of interest - Keynes versus Marshall; Markets in shares -
ownership and control; Part III: Problems and Policies: The old
trade cycle; The credit economy; Interest and investment;
An international economy; Appendix: Risk and uncertainty; Index
'It is a good reminder of how much we have learnt from him.'
Times Higher Education Supplement
`magisterial with plentiful supply of new terminology'
clearly destined to take on a special significance to historians of thought as the final contribution of one of the most influential economists of the twentieth century ... The completed volume achieves everything that Hicks' admirers could have hoped for, and represents a remarkable accomplishment for a scholar at the end of a long and uniquely distinguished career spanning more than sixty years.'
John N. Smithin, York University, Eastern Economic Journal