Money Has No Value

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We need a new theory of money. The still-dominant theory of money as taught in intro textbooks is 100+ years old, and for almost that long we have known that it’s totally wrong. The best alternative are "heterodox" accounts developed in the 90s and 00s. These are indeed better overall descriptions of money, but they remain incomplete and inadequate: they rely too much on why the orthodoxy is wrong, thereby incorrectly assuming there is only one alternative (so-called heterodoxy). Money has no value develops a new (more subtle, more sophisticated) theory of money. It takes more seriously than any other work to date, the depth and seriousness of the fundamental claim that all money is credit. Money is not a thing, but a marker of a social relation of credit and debt between two parties. Money is not value itself; no form of money (as money) ever possesses any positive, intrinsic value. Second, the book shows that not only is all money credit, but that in an important theoretical sense, all credit is money to the extent any credit/debt between two parties has the potential to be transferred to another party (thereby functioning as money). Finally, the book links this radical credit theory of money to today’s concrete money practices: this includes global capital flows, national and international monetary policy, and most of all the daily turnover in the money markets. The book therefore develops the needed conceptual framework to ask questions like: what is going on with Bitcoin (much less GameStop) in 2021.

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Genre : Business & Economics
Author : Samuel A. Chambers
Publisher : Walter de Gruyter GmbH & Co KG
Release : 2023-10-04
File : 224 Pages
ISBN-13 : 9783110760774


The Philosophy Of Money

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A classic of twentieth century sociology that has reprinted many times and become a landmark text With its insights into the fetishisation of money and the impact of extremes of wealth and poverty, it is now seen as prophetic in a credit driven, globalised world economy Anticipates many of the insights of later theorists such as Habermas, Baudrillard and Zizek Foresess the links between money and the growth of cities and urbanisation New foreword by Charles Lemert

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Genre : Social Science
Author : Georg Simmel
Publisher : Taylor & Francis
Release : 2011-04-01
File : 641 Pages
ISBN-13 : 9781136807329


The U S Democratic Review

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Genre :
Author :
Publisher :
Release : 1850
File : 622 Pages
ISBN-13 : UCAL:B5220407


The Complete Works

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DigiCat presents to you this unique and meticulously edited Spooner collection: Political Works No Treason, No. I No Treason. No II - The Constitution No Treason. No VI - The Constitution of No Authority Vices are Not Crimes: A Vindication of Moral Liberty No. 1. Revolution Natural Law; or the Science of Justice A Letter to Thomas F. Bayard A Letter to Grover Cleveland Writings on Economics: Poverty: Its Illegal Causes and Legal Cure A New System of Paper Currency Our Mechanical Industry as Affected by our Present Currency System Considerations for Bankers, and Holders of United States Bonds A New Banking System: The Needful Capital for Rebuilding the Burnt District Our Financiers: Their Ignorance, Usurpations, and Frauds The Law of Prices Gold and Silver as Standards of Value: The Flagrant Cheat in Regard to Them Universal Wealth Shown to be Easily Attainable Law & Constitution : "To the Members of the Legislature of Massachusetts." Worcester Republican Supreme Court of United States, January Term, 1839. Spooner vs. M'Connell, et al. Constitutional Law Relative to Credit, Currency, and Banking The Unconstitutionality of the Laws of Congress, Prohibiting Private Mails Illegality of the Trial of John W. Webster An Essay on the Trial by Jury The Law of Intellectual Property Articles of Association of the Spooner Copyright Company for Massachusetts A Letter to Scientist and Inventors, on the Science of Justice, and their Right of Perpetual Property in their Discoveries and Inventions Works on Religion: The Deist's Immortality, and an Essay on Man's Accountability for his Belief The Deist's Reply to the Alleged Supernatural Evidences of Christianity Works on Slavery and Abolition: A Defence for Fugitive Slaves A Plan for the Abolition of Slavery Address of the Free Constitutionalists to the People of the United States The Unconstitutionality of Slavery

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Genre : Philosophy
Author : Lysander Spooner
Publisher : DigiCat
Release : 2022-11-13
File : 1808 Pages
ISBN-13 : EAN:8596547394228


Modeling Monetary Economies

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"Too often monetary economics has been taught as a collection of facts about institutions for students to memorize. By teaching from first principles instead, this advanced undergraduate textbook builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. Starting with the case in which trade is mutually beneficial, the book demonstrates that money makes people better off, and that government money competes against other means of payments, including other types of government money. After developing each of these topics, the book tackles the issue of money competing against other stores of value, examining issues associated with trade, finance, and modern banking. The book then moves from simple economies to modern economies, addressing the role banks play in making more trades possible, concluding with the information problems plaguing modern banking, which result in financial crises"--

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Genre : Money
Author : Bruce Champ
Publisher : Cambridge University Press
Release : 2016
File : 407 Pages
ISBN-13 : 9781107145221


Congressional Record

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The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)

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Genre : Law
Author : United States. Congress
Publisher :
Release : 1895
File : 892 Pages
ISBN-13 : HARVARD:32044109460501


The Elements Of Political Economy

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Genre :
Author : Henry Dunning MacLeod
Publisher :
Release : 1858
File : 632 Pages
ISBN-13 : GENT:900000118423


Transactions Of The Wisconsin State Agricultural Society

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Published with vol. 21-25: Transactions of the Wisconsin State Horticultural Society, vol. 13-17, and Annual report of the Wisconsin Dairymen's Association, no. 11-15; with vol. 22-25: Annual report of the Agricultural Experiment Station of the University of Wisconsin, no. 1-4.

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Genre : Agriculture
Author : Wisconsin State Agricultural Society
Publisher :
Release : 1875
File : 514 Pages
ISBN-13 : UIUC:30112037312250


Extension Of Stabilization Fund And Powers Etc

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Genre : Currency question
Author : United States. Congress. House. Committee on Coinage, Weights, and Measures
Publisher :
Release : 1943
File : 232 Pages
ISBN-13 : LOC:00220795469


Messages From Georg Simmel

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As founder of the humanist version of sociology, Simmel sent powerful messages that are identified and explained in this book: interpretation - things are often not what they appear to be; change- culture and society evolve over time; interaction - reality is socially constructed; alienation - people define the value of money without taking responsibility for this construction. Simmel sees humans defining objects in interaction as valuable or worthless, but then they refuse to acknowledge having anything to do with the process of value attribution. He is critical in politics as well; Simmel is concerned that socialism is treated as a political movement and not viewed as a potential form of social interaction.

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Genre : Political Science
Author : Horst Jürgen Helle
Publisher : BRILL
Release : 2012-09-28
File : 211 Pages
ISBN-13 : 9789004235717