The Nature Of Money

Author: Geoffrey Ingham
Editor: OECD Publishing
ISBN: 9780745609973
Size: 14,70 MB
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Mainstream economics fails to grasp the nature of money. It is seen either as a 'neutral veil' over the operation of the 'real' economy or as a 'thing' - a special commodity. This book draws on neglected traditions in the social sciences to develop a theory of the 'social relation' of money.

Modern Theories Of Money

Author: Louis-Philippe Rochon
Editor: Edward Elgar Publishing
ISBN: 9781781008416
Size: 20,86 MB
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'This is a timely book. Being on modern theories of money - essentially the study of traditions of endogenous money - it is a welcome contribution to current thinking on monetary policy. The modern central bank view on money is that the rate of interest should be manipulated by central banks to achieve an inflation target with the money supply being the "residual". Although money is in effect endogenous, there is no theory that explains its behaviour. Modern Theories of Money is a serious attempt to sharpen existing views on the issue and fill gaps in an admirable manner.' - Philip Arestis, University of Cambridge, UK and Levy Economics Institute, US This book unites diverse heterodox traditions in the study of endogenous money - which until now have been confined to their own academic quarters - and explores their similarities and differences from both sides of the Atlantic. Bringing together perspectives from post-Keynesians, Circuitists and the Dijon School, the book continues the tradition of Keynes's and Kalecki's analysis of a monetary production economy, emphasising the similarities between the various approaches, and expanding the analytical breadth of the theory of endogenous money. The authors open new avenues for monetary research in order to fuel a renewed interest in the nature and role of money in capitalist economies, which is, the authors argue, one of the most controversial, and therefore fascinating, areas of economics.

Financial Crises And The Nature Of Capitalist Money

Author: Jocelyn Pixley
Editor: Springer
ISBN: 113730295X
Size: 18,37 MB
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This volume is a debate about a sociology and economics of money: a form of positive trespassing. It is unique in being written by scholars of both disciplines committed to this mutual venture and in starting from the original groundwork laid by Geoffrey Ingham. The contributors look critically at money's institutions and the meanings and history of money-creation and show the cross cutting purposes or incommensurable sides of money and its crises. These arise from severe tensions and social conflicts about the production of money and its many purposes. We demonstrate the centrality of money to capitalism and consider social disorders since the 2007 crisis, which marks the timeliness and need for dialogue. Both disciplines have far too much to offer to remain in the former, damaging standoff. While we are thankful to see a possible diminution of this split, remnants are maintained by mainstream economic and sociological theorists who, after all the crises of the past 30 years, and many before, still hold to an argument that money really does not 'matter'. We suggest, to many different and interested audiences, that since money is a promise, understanding this social relation must be a joint though plural task between economics and sociology at the very least.

Lectures On The Nature And Use Of Money

Author: John Gray
Editor:
ISBN:
Size: 15,57 MB
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Remarks On The Nature And Operation Of Money By Cumbriensis With Suppl By J Rooke

Author: John Rooke
Editor:
ISBN:
Size: 17,45 MB
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A Theoretic Discourse On The Nature And Property Of Money Concluding With Some Observations On The Connexion Between The Bank Of England And Government

Author: Ephraim Gompertz
Editor:
ISBN:
Size: 15,68 MB
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Has The Nature Of Crises Changed A L1812quarter Century Of Currency Crises In Argentina

Author: Miss Nada Choueiri
Editor: International Monetary Fund
ISBN: 1451902212
Size: 18,67 MB
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The recent turmoil in currency markets in Asia, Europe, and Latin America has given a new impetus to the literature on currency crises. The literature originally linked currency crises to deteriorating economic fundamentals, but has more recently focused on self-fulfilling expectations and contagion. To assess the changing roles of domestic and external market fundamentals and contagion, this paper examines seven major currency crises in Argentina. It finds that while crises in the 1970s and 1980s were driven mainly by monetary and fiscal policies at home and abroad, contagion played an important role in the 1990s.

Political Essays On The Nature And Operation Of Money Public Finances And Other Subjects

Author: Pelatiah Webster
Editor:
ISBN:
Size: 19,83 MB
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Credit And State Theories Of Money

Author: L. Randall Wray
Editor: Edward Elgar Publishing
ISBN: 9781843769842
Size: 15,27 MB
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In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.