By Frances Hutchinson

Leading author Boris Kagarlitsky deals an bold account of a thousand years of Russian history.

Show description

Read or Download The Politics of Money: Towards Sustainability and Economic Democracy PDF

Best money & monetary policy books

Developing Government Bond Markets: A Handbook

This guide provides an summary of the main coverage concerns for developing a central authority securities marketplace. It additionally bargains an in depth description of the coverage concerns, together with concerns for implementation. This instruction manual covers such issues because the linkages with funds markets and financial coverage operations, rules had to advance an issuing approach, debt-management issues to construct credibility, and the reforms essential to advertise institutional funding.

A Program For Monetary Stability

E-book via Friedman, Milton

Marx on money

The republication of Suzanne de Brunhoff’s vintage research into Karl Marx’s belief of “the cash commodity” shines gentle on commodities and their fetishism. The research of cash because the crystallization of worth in its fabric experience is imperative to how we comprehend capitalism and the way it may be abolished.

The Social Origins of Human Rights: Protesting Political Violence in Colombia’s Oil Capital, 1919–2010

Human rights activism is frequently linked to overseas businesses that try and impact the habit of abusive states world wide. In Barrancabermeja, Colombia, argues Luis van Isschot within the Social foundation of Human Rights, the fight for rights has emerged extra organically and in the neighborhood, out of an extended heritage of civil and social organizing.

Extra resources for The Politics of Money: Towards Sustainability and Economic Democracy

Example text

Money does not have to exchange for real goods and services in order to maintain its identity as money: money can be exchanged for money and still register as an increase in GNP. g. caring work in the home and community) does not register as an increase in GNP unless artificially construed to do so (Waring, 1989). If people can accumulate money, the circular flow is no longer meaningful. Money ebbs and flows within the economy. People do not always spend. Hoarding is a perfectly rational economic choice.

Individuals should be free to rely upon Why is There No Alternative? 27 the market for the information necessary for decision-taking. The school studies the processes whereby self-interested individuals come to their decisions. Money again plays a purely functional role. The neo-classical and marginalist schools have added to the classical view of the integrated and self-sufficient model of the market an individual actor to populate that market, who is also amenable to abstraction and modelling.

It is therefore important to distinguish between NIE which remains within the framework of orthodox economics and the ‘old institutional economists’ (OIE) such as Thorstein Veblen (1857–1929). The old institutional school rejects the concept of a global science of economics. It takes a holistic and evolutionary view of the economy, which it sees as determining, and in part being determined by, the institutions of society. For example, it does not follow the neoclassical practice of taking wants as ‘given’.

Download PDF sample

Rated 4.14 of 5 – based on 19 votes