Today all countries have fiat money issued by a central bank. There is no obligation by a central bank to exchange its … money for gold or any other good. Central banks have the monopoly to issue central bank money and have the power to create … their money out of nothing. Creating such a monetary system is functional for a capitalist economy and must be regarded as a …

There is perhaps nothing so commonplace and yet so mystifying as money. But to European communists, money was clearly … explores the East German attempt to create a perfect society by eliminating money and explains the reasons for its failure … and the cultural function of money, Zatlin challenges traditional approaches to economic planning by offering a novel …