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Hartley Withers
Hartley Withers (1867–1950) was a British financial journalist and author known for his works on economics and banking. He served as the editor of "The Economist" from 1916 to 1921, a position that established his reputation as an expert on financial matters. Withers wrote several influential books, including "The Meaning of Money" (1909), which aimed to explain the complexities of finance to a general audience. His other notable works include "War and Lombard Street" (1915) and "The Business of Finance" (1920), which explored the financial impact of World War I.
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Hartley Withers
CHAPTER I CAPITAL AND ITS REWARDFinance, in the sense in which it will be used in this book, means the machinery of money dealing. That is, the machinery by which money which you and I save is put together and lent out to people who want to borrow it. Finance becomes international when our money is lent to borrowers in other countries, or when people in England, who want to start an enterprise, get...
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Hartley Withers
I THE OUTLOOK FOR CAPITAL September, 1917 The Creation of Capital—The Inducement—War and Capital One of the questions that are now most keenly agitating the minds of the investing public and of financiers who cater for its wants, and also of employers and organisers of industry who are trying to see their way into after-the-war conditions, is that of the supply of capital. On this subject there are...
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