Word: giffen
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Dates: during 1890-1899
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Seminary of Economics. Sir Robert Giffen on Prices in Relation to Material Progress in England. Mr. F. Atherton. University...
Seminary of Economics. Sir Robert Giffen on Prices in Relation to Material Progress in England. Mr. F. Atherton. University...
Best general references: F. W. Taussig, The Silver Situation in the U. S., part II. Robert Giffen, The Case Against Bimetallism. J. L. Laughlin, Quarterly Journal of Economics...
...multiple standard is difficult of attainment. Taussig, Silver Situation, p. 125. (c) Under national bimetallism the nation cannot be maintained. Laughlin, Hist. of Bimetallism, pp. 5-9. (d) International bimetallism is bad, because (1) Agreement cannot be reached. (2) If made, the agreement could not be maintained. R. Giffen, Pol. Sci. Qu., Sept. '93, p. 412. (3) If made and maintained, prices would rise, and injustice would be done to creditors...