Download The Ontology and Function of Money: The Philosophical by Leonidas Zelmanovitz PDF

By Leonidas Zelmanovitz

The primary thesis of the booklet is that during order to judge financial coverage, one must have a transparent proposal in regards to the features and features of cash because it developed and in its present shape. that's to claim that with out an realizing approximately how funds developed as a social establishment, what it's at the present time, and what's attainable to grasp approximately financial phenomena, it's not attainable to advance a significant ethics for cash; or, to place it another way, to discover what sort of institutional preparations should be deemed solid cash for the type of society we're in. And with no that, one faces critical barriers in supplying a normative place approximately financial coverage.

The venture is, accordingly, an interdisciplinary one. Its major thread is an inquiry of ethical philosophy and its foundations, as utilized to cash, as a way to create instruments to judge public coverage in regard to cash, banking, and public finance; and the perspectives of other colleges on these themes are mentioned. The ebook is geared up in elements on metaphysics, epistemology, ethics and politics of cash to facilitate the presentation of all of the matters mentioned to an informed readership (and now not inevitably only one with a historical past in economics).

Show description

Read or Download The Ontology and Function of Money: The Philosophical Fundamentals of Monetary Institutions PDF

Best money & monetary policy books

Exchange Rate Regimes: Fixed, Flexible or Something in Between

An excellent advisor with the entire fundamentals to appreciate the several types of alternate cost regimes and the demanding situations they pose to diverse economies.

Nation-States and Money: The Past, Present and Future of National Currencies (Ripe Series in Global Political Economy,)

Nationwide currencies seem to be threatened from both sides. ecu Union member international locations are because of abandon their nationwide currencies in favour of a supranational forex through the 12 months 2000. in other places, using foreign exchange inside nationwide financial areas is at the bring up, as proven via the expansion of eurocurrency task, and forex substitution in lots of elements of the realm.

A Tract on Monetary Reform

John Maynard Keynes (1883–1946) used to be surely the most influential thinkers of the 20th century. His paintings revolutionised the speculation and perform of contemporary economics. It has had a profound effect at the method economics is taught and written, and on financial coverage, worldwide. The accumulated Writings of John Maynard Keynes, released in complete in digital and paperback layout for the 1st time, makes on hand in thirty volumes all of Keynes’s released books and articles.

Credit, Money and Macroeconomic Policy: A Post-Keynesian Approach

With contemporary turmoil in monetary markets world wide, this certain and up to date publication addresses a few tough concerns concerning financial coverage, monetary markets and macroeconomic policy.

While a few of the chapters tackle the new trouble in addition to alterations to the Basel Accord, others examine the mandatory adjustments to the behavior of economic and financial guidelines. the celebrated authors supply an in-depth and accomplished research of macroeconomics and supply substitute rules to accommodate a couple of continual modern day problems.

Offering an enticing research of present financial matters from a Post-Keynesian point of view, this booklet will entice lecturers and graduate scholars of macroeconomics and fiscal markets.

‘The quantity credits, cash and Macroeconomic coverage edited by means of Claude Gnos and Louis-Philippe Rochon, represents a most crucial contribution to our knowing of the character and function of credits and funds in smooth economies. It offers with essentially the most urgent problems with our time; as such it constitutes a useful consultant for the comprehension of the results of the final 20 years of inflation focusing on guidelines. ’
– Giuseppe Fontana, college of Leeds, united kingdom and collage of Sannio, Italy.

Contributors: A. Asensio, R. Bellofiore, R. W. Dimand, A. Fumagalli, C. Gnos, R. Guttmann, J. Halevi, E. Hein, S. Karagiannis, T. T. Koutsobinas, S. Lucarelli, Y. Panagopoulos, A. Parguez, L. -P. Rochon, S. Rossi, M. Sawyer, U. ? ener, M. Setterfield, R. Sobreira, A. D. Spiliotis, A. Truger, P. Zendron.

Extra resources for The Ontology and Function of Money: The Philosophical Fundamentals of Monetary Institutions

Example text

He frequently exchanges them for cattle or for venison with his companions; and he finds at last that he can in this manner get more cattle and venison, than if he himself went to the field to catch them. From a regard to this own interest, therefore, the making of bows and arrows grows to be his chief business, and he becomes a sort of armourer. In sum, they were coordinated spontaneously. There are some emotional responses among human beings that repeatedly generate some patterns of behavior under similar conditions.

5. Common measure of values (standard of value or unit of account); Medium of Exchange; Legal tender for debts; Standard of deferred payments; Reserve for credit instruments, including reserve for government paper money; 6. Store of value; 7. Bearer of options. As discussed earlier, the crucial function of a unit of account was historically only fulfilled with the introduction of a medium of exchange; the third function seems to be part of the second, the fourth part of the first, and the fifth and seventh part of the sixth.

One may assume that the state is interested in the division of labor, but the immediate interest of the state is its fiscal considerations and other political goals that it may have. A corollary of this understanding about what money is is that the ideal attributes of money are not the same ones if you accept that the main purpose of money is to allow and enhance the division of labor; these become factors of secondary significance. The primary factors to consider are attributes that one can find in money to make it a more effective tool for achieving government’s policies.

Download PDF sample

Rated 4.93 of 5 – based on 6 votes