1300 36 33 32
Everybody uses money every day, but we rarely stop to think about how money works. In this book, scholars from different disciplines seek to answer that question; from historians to economists, sociologists, a philosopher and a physicist. Money works as a social construction because we have mutual expectations that support its use - despite the seeming irrationality of trading valuable things or doing strenuous work for pieces of paper or numbers in accounts.
Recently, there has been a revival of interest in monetary theory, not least because the impacts of globalizing markets and of new communication and information technologies have changed the forms of money. The deep crisis of the financial system has demonstrated the importance of a functioning monetary system and although renewed interest in this has led to significant contributions in various fields, it remains true that no social science discipline on its own is sufficiently equipped to explain the basic workings of monetary systems, their rapid innovation and their effects on social, economic and political structures.
The contributors to this book report on their latest research on the origins of money, on the nature of monetary transactions, on money and the state, and on the role of money and finance in the recent global crisis. They show how established theories of money and the policies guided by these theories went wrong. This collection will be a valuable resource for students and researchers seeking a deeper understanding of money.
Buy New Approaches to Monetary Theory by Heiner Ganssmann from Australia's Online Independent Bookstore, Boomerang Books.
Book DetailsISBN: 9780415745475
» Have you read this book? We'd like to know what you think about it - write a review about New Approaches to Monetary Theory book by Heiner Ganssmann and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)
Heiner Ganssmann is Professor Emeritus at the Department of Sociology at the Free University of Berlin, Germany.
© 2003-2021. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687