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This book examines the characteristics of monetary institutions and the ways in which a clear understanding of money, and a sense of what we can know about money, can improve our comprehension on monetary policy. It establishes a link between abstract and theoretical aspects of monetary theory and the problems with money and banks we face today.
List of contents
1. The Origin and Essence of Money
2. Brief Account of the Intellectual History of Money, Starting with Aristotle
3. Menger, Simmel, and Mises on Money Value
4. Comte's Positivist Epistemology and Politics in a Comparative Analysis with the Austrian School of Economics
5. What is it Possible to Know about Money?
6. The Ethics of Money
7. Are There Unsurmountable Arguments for Monetary Prerogatives?
8. The Demand for Money, The Business Cycle, And The Current Monetary Regime
9. Incentives to Supply an Optimum Amount of Credit Under a 100% Reserve Requirement
10. "Inflation Targeting": Neither New nor Effective
11. The Future of Money
12. Concluding Chapter
About the author
By Leonidas Zelmanovitz
Summary
This book examines the characteristics of monetary institutions and the ways in which a clear understanding of money, and a sense of what we can know about money, can improve our comprehension on monetary policy. It establishes a link between abstract and theoretical aspects of monetary theory and the problems with money and banks we face today.
