+ R. of Rs. 34: 253. Ag. ’06. 70w.
Johnson, Joseph French. Money and currency in relation to industry, prices and the rate of interest. *$1.75. Ginn.
Of his work the author says: “While it is intended to be a complete exposition of the science of money ... its unique characteristics, if it possess any will be found in the deep practical significance it discovers in the phenomena of price, in its analysis of the demand for money, in its exposition of credit as related to prices and the rate of interest, and in the clearness it gives to the concepts of commodity money, fiat money, and credit money. This book deals with money as an independent economic entity, and seeks to bring out the fact that ‘price’ in the world of business is a more important word than ‘value’.”
“He has slurred over certain controverted topics, in order to avoid snags which he regards as needless difficulties. Without presuming to pass judgment upon these disputed technicalities, it is safe to say that the book will be of use as an account of the actual phenomena of money and currency.” A. W. S.
+ Am. J. Soc. 12: 427. N. ’06. 90w.
“Professor Johnson has rendered a valuable service in his scholarly, and at the same time practical, discussion of the money problem. He has made a book which is simple in language and readable.” Charles A. Conant.
+ + Ann. Am. Acad. 28: 192. Jl. ’06. 870w.
“Aside from his novel classification of the forms of money, the author contributes no additional material of any importance to the general subject of money.”
+ Ind. 61: 218. Jl. 26, ’06. 350w.