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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
The development of information technology in supply chains has
shown that this digital revolution can be a source of performance
for enterprises and governments. Among these technologies is
blockchain. The application of blockchains in cryptocurrency
reduces information security risks and eliminates several
processing and transaction fees and allows countries with volatile
currencies to have a more stable currency. Blockchain Applications
in Cryptocurrency for Technological Evolution features a collection
of contributions related to the application of blockchain
technology in cryptocurrency. It further explains the ways in which
these applications have affected the industry. Covering topics such
as crypto mining attacks, data processing architecture, and
purchase power, this premier reference source is an excellent
resource for business leaders and executives, IT managers,
logistics specialists, students and faculty of higher education,
librarians, researchers, and academicians.
Value and Crisis brings together selected essays written by Alfredo
Saad-Filho, one of the most prominent Marxist political economists
today. This book examines the labour theory of value from a rich
and innovative perspective, from which fresh insights and new
perspectives are derived, with applications for the nature of
neoliberalism, financialisation, inflation, monetary policy, and
the contradictions, limitations and crises of contemporary
capitalism.
An introduction to the fast growing $1.5 billion foreign
exchange trading marketplace, showing you how the markets work, how
to trade them successfully and how to mitigate risk.
"The Financial Times Guide to Foreign Exchange Trading"is the
authoritative primer, the first port of call for anyone interested
in foreign exchange trading and wants to know what it is all about
before taking the plunge.
In The Fiat Standard, world-renowned economist Saifedean Ammous applies his unique analytical lens to the fiat monetary system, explaining it as a feat of engineering and technology just as he did for bitcoin in his global bestseller The Bitcoin Standard.
This time, Ammous delves into the world's earlier shift from the gold standard to today's system of government-backed fiat money—outlining the fiat standard's purposes and failures; deriving the wider economic, political, and social implications of its use; and examining how bitcoin will affect it over time.
With penetrating insight, Ammous analyzes global political currencies by analogy to bitcoin: how they're "mined" whenever government-guaranteed entities create loans, their lack of inherent restraints on inflation, and the rampant government intervention that has resulted in heavy, devastating, and persistent distortions to global markets for food, fuel, science, and education.
Through these comparisons, Ammous demonstrates that bitcoin could be our next step forward—providing high salability across space, just like the fiat system, but without the unchecked fiat-denominated debt. Rather than a messy hyperinflationary collapse, the rise of bitcoin could look like a debt jubilee and an orderly upgrade to the world's monetary operating system, revolutionizing global capital and energy markets.
Lombard Street is Walter Bagehot's famous explanation of the
England central banking system established during the 19th century.
At the time Bagehot wrote, the United Kingdom was at the peak of
its influence. The Bank of England in London, was one of the most
powerful institutions in the world. Working as an economist at the
time, Walter Bagehot sets about explaining how the British
government and the Bank of England interact. Leading on from this,
he explains how the Bank of England and other banks - the
Joint-Stock and Private banking companies - do the business of
finance. Bagehot is not afraid to admit that life at the bank is
usually quite boring, albeit punctuated by short periods of sudden
excitement. The sudden boom of a market, or sudden fluctuations in
the credit system, can create an excited demand for money. The
eruption of an economic depression, which Bagehot aptly notes is
rapidly contagious around different sectors of the economy, can
also make working in the bank a lot less tedious.
In "Marco Polo was in China" Hans Ulrich Vogel offers an innovative
look at the highly complex topics of currencies, salt production
and taxes, commercial levies and other kinds of revenue as well as
the administrative geography of the Mongol Yuan empire. The author
s rigorous analysis of Chinese sources and all the important Marco
Polo manuscripts as well as his thorough scrutiny of Japanese,
Chinese and Western scholarship show that the fascinating
information contained in "Le devisament dou monde" agrees almost
pefectly with that we find in Chinese sources, the latter only
available long after Marco Polo s stay in China. Hence, the author
concludes that, despite the doubts that have been raised, the
Venetian was indeed in Khubilai Khan s realm.
In Money, Income and Time, Alvaro Cencini examines how money has
been alternatively defined as a commodity and as the general
equivalent of all commodities to be, subsequently, identified with
the concept of numeraire, and, finally, reduced to the actual
notion of credit. To better clarify the terms of the problem, the
writer analyses it through the main theories of money which have
been developed since the works of the classical economist. The book
does not take the form of a history of economic doctrines, however,
since its aim is at the same time less ambitious and more precise,
that is defining the true nature of money through a critical and
synthetic appraisal of its various analyses.
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