Storage and Stability
Subtitle: A Modern Ever-Normal Granary (Benjamin Graham Classics)
Publisher: Mcgraw-Hill
Published: December 1997
Language: eng
Number of pages: 298
ISBN-13: 9780070247741
First sentence: THAT surplus stocks of goods have played an overshadowing part in the depression of the 1930's can scarcely be gainsaid.
Description: When Benjamin Graham wrote Storage and Stability in 1937, the world was in the midst of the Great Depression. Written as a blueprint for economic recovery, the book was designed to spur both governments and the public to greater financial awareness. Based upon years of research and economic modeling, Graham's new theories focused on the inherent importance of supply and demand, production and consumption, and their inherent influences on value investing.

Storage and Stability outlines Graham's revolutionary plan for regulating supply and demand, stabilizing prices, and stimulating financial recovery. With disciplined thought and determined logic the author presents a specific strategy for collecting an excess of raw materials in a commodity reserve on a self-financing basis and then making it available for consumption when needed.

According to Graham, this innovative storage plan would then serve to adjust supply and demand, stabilize prices, and increase the overall standard of living.