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Giffen was born on July 22, 1837 in Strathaven, Scotland.
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(Excerpt from Stock Exchange Securities: An Essay on the G...)
Excerpt from Stock Exchange Securities: An Essay on the General Causes of Causes in Fluctuations Price There is a great deal in theoretical books of Political Economy on the general question of supply and demand as regulators of price, and what is meant by the tendency or alleged ten deney of the one to equal the other. In the following pages I propose as much as possible to keep clear of this discussion, which tends to degenerate into a mere logomachy. There is no doubt that in most markets, and as regards most articles within very wide limits, an excess of demand over the supply at a given price will raise the price, and an excess of supply will lower it. AS regards articles also which are capable of being produced in variable quantities, a high price will bring out an increase of supply, and a low price will check it. For some purposes it appears. 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.
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Giffen was born on July 22, 1837 in Strathaven, Scotland.
Giffen entered a solicitor's office in Glasgow, and while in that city attended courses at the university.
Giffen drifted into journalism, and after working for the Stirling Journal he went to London in 1862 and joined the staff of the Globe. He also assisted John Morley, when the latter edited the Fortnightly Review. In 1868 he became Walter Bagehot's assistant-editor on The Economist; and his services were also secured in 1873 as city editor of the Daily News, and later of The Times. His reputation as a financial journalist and statistician, gained in these years, led to his appointment in 1876 as head of the statistical department in the Board of Trade, and subsequently he became assistant secretary (1882) and finally controller-general (1892), retiring in 1897. As chief statistical adviser to the government, he drew up reports, gave evidence before commissions of inquiry, and acted as a government auditor. His principal publications were Essays on Finance (1879 and 1884), The Progress of the Working Classes (1884), The Growth of Capital (1890), The Case against Bimetallism (1892), and Economic Inquiries and Studies (1904). Robert Giffen continued in later years to take a leading part in all public controversies connected with finance and taxation, and his high authority and practical experience were universally recognised. He was awarded a Knight Commander of the Order of the Bath in 1895. He died somewhat suddenly in Fort Augustus, Scotland on 12 April 1910.
(Excerpt from Stock Exchange Securities: An Essay on the G...)
(This book was originally published prior to 1923, and rep...)
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(The Progress of the Working Classes in the Last Half Cent...)
(Essays in finance (1886). This book, "Essays in finance",...)
President of the Statistical Society (1882-1884), Fellow of the Royal Society, member of the Royal Swedish Academy of Sciences (1897)