Money

What It Is, How It’s Created, Who Gets It, and Why It Matters

Business & Finance, Economics, Macroeconomics
Cover of the book Money by Sergio M. Focardi, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Sergio M. Focardi ISBN: 9781315391045
Publisher: Taylor and Francis Publication: March 19, 2018
Imprint: Routledge Language: English
Author: Sergio M. Focardi
ISBN: 9781315391045
Publisher: Taylor and Francis
Publication: March 19, 2018
Imprint: Routledge
Language: English

By enabling the storage and transfer of purchasing power, money facilitates economic transactions and coordinates economic activity. But what is money? How is it generated? Distributed? How does money acquire value and that value change? How does money impact the economy, society?

This book explores money as a system of "tokens" that represent the purchasing power of individual agents. It looks at how money developed from debt/credit relationships, barter and coins into a system of gold-backed currencies and bank credit and on to the present system of fiat money, bank credit, near-money and, more recently, digital currencies. The author successively examines how the money circuit has changed over the last 50 years, a period of stagnant wages, increased household borrowing and growing economic complexity, and argues for a new theory of economies as complex systems, coordinated by a banking and financial system.

Money: What It Is, How It’s Created, Who Gets It and Why It Matters will be of interest to students of economics and finance theory and anyone wanting a more complete understanding of monetary theory, economics, money and banking.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

By enabling the storage and transfer of purchasing power, money facilitates economic transactions and coordinates economic activity. But what is money? How is it generated? Distributed? How does money acquire value and that value change? How does money impact the economy, society?

This book explores money as a system of "tokens" that represent the purchasing power of individual agents. It looks at how money developed from debt/credit relationships, barter and coins into a system of gold-backed currencies and bank credit and on to the present system of fiat money, bank credit, near-money and, more recently, digital currencies. The author successively examines how the money circuit has changed over the last 50 years, a period of stagnant wages, increased household borrowing and growing economic complexity, and argues for a new theory of economies as complex systems, coordinated by a banking and financial system.

Money: What It Is, How It’s Created, Who Gets It and Why It Matters will be of interest to students of economics and finance theory and anyone wanting a more complete understanding of monetary theory, economics, money and banking.

More books from Taylor and Francis

Cover of the book Grammar for Improving Writing and Reading in Secondary School by Sergio M. Focardi
Cover of the book New Perspectives on Mutual Dependency in Care-Giving by Sergio M. Focardi
Cover of the book Illiberal Democracy in Indonesia by Sergio M. Focardi
Cover of the book Mobile People, Mobile Law by Sergio M. Focardi
Cover of the book The Management of Information from Archives by Sergio M. Focardi
Cover of the book Sociology Of Music Ils 91 by Sergio M. Focardi
Cover of the book High Frequency Trading and Limit Order Book Dynamics by Sergio M. Focardi
Cover of the book Education in Small States by Sergio M. Focardi
Cover of the book Rescripting Religion in the City by Sergio M. Focardi
Cover of the book Mass Media Revolution by Sergio M. Focardi
Cover of the book The Changing World of the Trainer by Sergio M. Focardi
Cover of the book Economic Policy Making In China (1949–2016) by Sergio M. Focardi
Cover of the book The Politics and Aesthetics of Hunger and Disgust by Sergio M. Focardi
Cover of the book The Routledge Handbook of Civil-Military Relations by Sergio M. Focardi
Cover of the book Security Sector Reconstruction and Reform in Peace Support Operations by Sergio M. Focardi
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy