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The present work offers a review on two divergent schools of thought regarding the subject of money and highlights why … understanding it is important to grasp the workings and nature of the concept of money. We adopt a spontaneous order perspective on … social institutions, considering money as one. Such framework allows for the construction of axioms from which we formulate …
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Chapter 1: Introduction -- Chapter 2: Existing Literature: A Brief Tour -- Chapter 3: What is Money? -- Chapter 4: The … Origin of Money as the Ability to Obtain Goods and Services -- Chapter 5: Money as the Ability Vis-à-Vis Other Concepts … -- Chapter 6: Money as the Ability and Some Related Issues -- Chapter 7: Money as the Ability and inflation -- Chapter 8: The …
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The notion of a nation-specific inflation trauma among the German population is ubiquitous in the public debate in Germany and beyond. Because of its experience with hyperinflation in 1923, the German population fears rising prices and favors stability-oriented monetary as well as fiscal policy....
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