The Science of Finance: A Practical Treatise is a book authored by economist R.H. Patterson, and is a weighty examination of finance.

R.H. Patterson's work is a thorough analysis of the financial systems of Great Britain in the 1860s. The Science of Finance is not an introductory text, but rather more of a case study. The work opens with a macro level view of the credit system in place at the time of the book's writing, a system which the author believes is responsible for much of the nation's economic development. The book goes on to examine many of the principal attributes of the British economy, including the concept of capital, the rate of interest, monetary policies, free trade in banking, municipal finance, and much more. Patterson uses a combination of the theoretical and real-world examples to illustrate his points. The book is concluded by a series of appendices that will appeal to the most ardent of readers.

In addition to the practical information contained within, the book also provides the reader with an excellent history of the British financial system, and the keen reader will certainly identify the major changes that have taken place since the publication of this text.

R.H. Patterson's The Science of Finance: A Practical Treatise is a challenging but informative book about the financial system of England in the nineteenth century. Those familiar with the study of economics and those interested in economic history will likely find this be a worthwhile read, and are encouraged to add this title to their personal libraries.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.