HARVARD COLLEGE
LIBRARY
FROM THE
QUARTERLY JOURNAL
OF ECONOMICS
THE MACMILLAN COMPANY
NEW YORK · BOSTON · CHICAGO · DALLAS
ATLANTA · SAN FRANCISCO
MACMILLAN & CO., Limited
LONDON · BOMBAY · CALCUTTA
MELBOURNE
THE MACMILLAN CO. OF CANADA, Ltd.
TORONTO
THE
VALUE OF MONEY
BY
B. M. ANDERSON, JR., Ph. D.
ASSISTANT PROFESSOR OF ECONOMICS, HARVARD UNIVERSITY
AUTHOR OF "SOCIAL VALUE"
New York
THE MACMILLAN COMPANY
1917
All rights reserved
Copyright, 1917
By THE MACMILLAN COMPANY
Set up and electrotyped. Published May, 1917.
To
B. M. A., III
AND
J. C. A.
WHO OFTEN INTERRUPTED THE WORK
BUT NONE THE LESS INSPIRED IT