Weir, Diarmid J. G. - 2008
still cannot explain the the holding and valuation of money. Using the concept of team-production of Alchian and Demsetz and … money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find …