T.—: The Value of Money (p. 506)

For other expositions of “the Quantity Theory of Prices,” see Walker, Money (1878), chs. 3–8; and Nicholson, Money and Monetary Problems (1888; 4th ed. 1897), chs. 5–7. For a criticism, see Scott, Money and Banking (N. Y. 1903), ch. 4. An attempt to test the doctrine statistically is made by Kemmerer, Money and Credit Instruments in their relation to General Prices (N. Y. 1907). For the sense of “money” in modern business, see Withers, The Meaning of Money (1909).