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BOOK EXCERPT:
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.
Product Details :
Genre |
: Business & Economics |
Author |
: Samuel A. Chambers |
Publisher |
: Walter de Gruyter GmbH & Co KG |
Release |
: 2023-10-04 |
File |
: 224 Pages |
ISBN-13 |
: 9783110760774 |
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BOOK EXCERPT:
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
Product Details :
Genre |
: Social Science |
Author |
: Georg Simmel |
Publisher |
: Taylor & Francis |
Release |
: 2011-04-01 |
File |
: 641 Pages |
ISBN-13 |
: 9781136807329 |
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BOOK EXCERPT:
Product Details :
Genre |
: |
Author |
: |
Publisher |
: |
Release |
: 1850 |
File |
: 622 Pages |
ISBN-13 |
: UCAL:B5220407 |
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BOOK EXCERPT:
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
Product Details :
Genre |
: Philosophy |
Author |
: Lysander Spooner |
Publisher |
: DigiCat |
Release |
: 2022-11-13 |
File |
: 1808 Pages |
ISBN-13 |
: EAN:8596547394228 |
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BOOK EXCERPT:
"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"--
Product Details :
Genre |
: Money |
Author |
: Bruce Champ |
Publisher |
: Cambridge University Press |
Release |
: 2016 |
File |
: 407 Pages |
ISBN-13 |
: 9781107145221 |
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BOOK EXCERPT:
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)
Product Details :
Genre |
: Law |
Author |
: United States. Congress |
Publisher |
: |
Release |
: 1895 |
File |
: 892 Pages |
ISBN-13 |
: HARVARD:32044109460501 |
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BOOK EXCERPT:
Product Details :
Genre |
: |
Author |
: Henry Dunning MacLeod |
Publisher |
: |
Release |
: 1858 |
File |
: 632 Pages |
ISBN-13 |
: GENT:900000118423 |
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BOOK EXCERPT:
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.
Product Details :
Genre |
: Agriculture |
Author |
: Wisconsin State Agricultural Society |
Publisher |
: |
Release |
: 1875 |
File |
: 514 Pages |
ISBN-13 |
: UIUC:30112037312250 |
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BOOK EXCERPT:
Product Details :
Genre |
: Currency question |
Author |
: United States. Congress. House. Committee on Coinage, Weights, and Measures |
Publisher |
: |
Release |
: 1943 |
File |
: 232 Pages |
ISBN-13 |
: LOC:00220795469 |
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BOOK EXCERPT:
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.
Product Details :
Genre |
: Political Science |
Author |
: Horst Jürgen Helle |
Publisher |
: BRILL |
Release |
: 2012-09-28 |
File |
: 211 Pages |
ISBN-13 |
: 9789004235717 |