possible. These three propositions are used to build a theory of money that is linked to common themes in the heterodox …This paper advances three fundamental propositions regarding money: (1) As R. W. Clower (1965) famously put it, money … buys goods and goods buy money, but goods do not buy goods. (2) Money is always debt; it cannot be a commodity from the …

production system. Only a radical maximization of the reserve requirements and a systemic separation of money from credit in …

New international crises are just over the horizon without some dramatic money and banking reforms …

: resources that are optimally supplied as integrated systems. The monetary system is such a resource; and money creation is the …

Money norms present a fundamental contradiction. Norms embody the social sphere, a system of internalized values …, unwritten rules, and shared expectations that informally govern human behavior. Money, on the other hand, evokes the economic … sphere of markets, prices, and incentives. Existing legal scholarship keeps the two spheres distinct. Money is assumed to …

The quantum money (q-money) as a possible convenient, socially innovative, technologically attractive and user … a number of topics: 1. The historical evolution of the money in the financial systems within the economies of the scales … and scopes over the centuries. 2. The definition on the electronic money in the financial systems within the economies of …