The Atlantic Bookshelf: A Guide to New Books About Business

THE Scriptures do not say that money is the root of all evil, but the student of economics often thinks it is. To the layman, money, whether it takes the form of silver in the pocket — that ‘pale and common drudge ’tween man and man’ — or of credit at the bank, is a nightmare subject. Within the last, two years the air has been full of talk about the gold standard, devaluation, the price level, inflation, credit expansion. Dozens of books have been written to elucidate the mysterious rôle money plays in our economic system, and one of the most important of them is reviewed below. No one can discuss the subject with greater authority than a vice president of the National City Bank of New York.