The effect of war on prices
Item Type:Journal article
Citation:Cairnes, John E. 'The effect of war on prices'. - Dublin: Dublin Statistical Society, Vol.1, Part IV, 1856, pp223-238
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It is scarcely necessary to say that the common opinion upon this question?an opinion, too, that is shared by some economists of eminence ? is that a state of war necessarily tends to produce a general rise in the prices of commodities. The expression "war-prices" shows what is the popular notion: the doctrine which this expression implies has been supported by some grave and plausible arguments; and it cannot be denied that it is at the present moment countenanced by some very obvious and striking tacts. It will, therefore, not be out of place if I invite the attention of the society for a short space to some of the economic principles which affect this question.
Description:Read January 10th, 1856
Author: Cairnes, John E.
Publisher:Dublin Statistical Society
Type of material:Journal article
Series/Report no:Journal of the Dublin Statistical Society
Vol.1, Part IV, 1856
Availability:Full text available