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The Barter Fallacy
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actual facts Adam Smith arguments assumption balance bankers banking Bastable's Britain British industries business world casuistry caused Cobden commodities Corn Laws credit instruments criticism currency debt Demy 8vo depreciated currencies doctrine dumping economic theory economists effects employed employment English exchange by means export trade exposition expounded fallacies fiscal foreign competition foreign loans foreign trade free trade politicians functions of money Germany Hartley Withers ignored imports and exports increase indebtedness indemnities influence international commerce international trade J. M. Keynes John Stuart Mill Keynes labour and capital London lump of labour Manchester School manufacturers medium of exchange ment Mill Money Market nation organisation orthodox political economy practical principle problems production Professor Bastable quoted Ramsay MacDonald reasoning regard reparation payments result Ricardian theory Ricardo Russia secure Shield Nicholson Spectator Strachey Strachey's tariffs theory of international thing tion trade of barter Treaty true Walter Bagehot wealth