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In dem vorliegenden Werk analysiert der Autor kritisch die ökonomischen und rechtlichen Grundlagen unseres aktuellen Bank- und Kreditsystems. Diesem ist ein hoher Grad an Staatseingriffen und Regulierungen eigen. So hat sich das Finanzsystem zur Achillesferse moderner Volkswirtschaften entwickelt.
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work to date, the depth and seriousness of the fundamental claim that all money is credit. Money is not a thing, but a … marker of a social relation of credit and debt between two parties. Money is not value itself; no form of money (as money …) ever possesses any positive, intrinsic value. Second, the book shows that not only is all money credit, but that in an …
Persistent link: https://www.econbiz.de/10014550701
This paper relates Keynes's discussions of money, the state theory of money, financial markets, investors' expectations …
Persistent link: https://www.econbiz.de/10012317613
The aim of the paper is to evaluate the importance of the endogenous money theory, and the criterion used is whether … this theory enables us to elaborate on and to broaden the explanation of the non-neutrality of money formulated by Keynes … in The General Theory. The thesis upheld in this paper is that the endogenous money theory allows us to put forward a …
Persistent link: https://www.econbiz.de/10013135938
The properties of money commonly referenced in the economics literature were originally identified by Jevons (1876) and … Menger (1892) in the late 1800s and were intended to describe physical currencies, such as commodity money, metallic coins … quantum money. These forms of money have novel properties that have not been studied extensively within the economics …
Persistent link: https://www.econbiz.de/10013162039
This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …
Persistent link: https://www.econbiz.de/10010281714
In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in … which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …
Persistent link: https://www.econbiz.de/10010286499