The author's theory is that our economic troubles are caused by the hoarding of capital -- the people who own the money go...

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WHEN CAPITAL GOES ON STRIKE: Or How To Speed Up Spending

The author's theory is that our economic troubles are caused by the hoarding of capital -- the people who own the money go on strike ahead of labor. The author discusses the role of spending, the criticism of the orthodox view that demand should be uncontrolled, the ""hoarding tax"" and how this would influence the value of money and wealth and stimulate real savings. How government's attitude towards hoarding operates; the effect on interest rates, on distribution of income between classes, on working hours, on labor policy, on the gold standard, etc. A competent book which should be read by industrialists, bankers, economists. Should be bought by book-stores with special customers in mind.

Pub Date: March 1, 1938

ISBN: N/A

Page Count: -

Publisher: Harper

Review Posted Online: N/A

Kirkus Reviews Issue: March 1, 1938