Jumat, 03 Maret 2017

Download PDF The State Theory of Money

Download PDF The State Theory of Money

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The State Theory of Money

The State Theory of Money


The State Theory of Money


Download PDF The State Theory of Money

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The State Theory of Money

Product details

Paperback: 326 pages

Publisher: Martino Fine Books (October 1, 2013)

Language: English

ISBN-10: 1614274967

ISBN-13: 978-1614274964

Product Dimensions:

6 x 0.7 x 9 inches

Shipping Weight: 1.3 pounds (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

2 customer reviews

Amazon Best Sellers Rank:

#55,296 in Books (See Top 100 in Books)

This is not for the faint-of-heart.It is a classic in the field of monetary theory from an Institutionalist perspective. In a nutshell, money needs to fulfill certain structural roles for it to be truly "money". Relative to the central government, it needs to be useful epi-, pari-, and apo-centrically.Epicentrically - non-governmental actors in the economy must use it to fulfill government requirements. Taxes, fees, licenses, etc.Apocentrically - the government must be able to use it to fulfill its obligations. Suppliers, contractors, services, etc. must be willing (and not forced) to accept it as compensation in exchange.Paricentrically - non-government actors must be willing and able to use it amongst themselves as a medium of exchange.This is a very dense book. There is much more to his overall theory, but that is the highly redacted summary.I hope more people have a chance to read this. It is very interesting to read his views on transnational currencies in light of all the issues arising in Europe since the single currency transition.

Classic read.

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The State Theory of Money PDF

The State Theory of Money PDF

The State Theory of Money PDF
The State Theory of Money PDF

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