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Money (Paperback)
Loot Price: R518
Discovery Miles 5 180
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Money (Paperback)
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Loot Price R518
Discovery Miles 5 180
Expected to ship within 12 - 17 working days
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Few economic phenomena provoke as much confusion as money. From the
first measures of value and the physical coins that circulated at
the dawn human civilization to the era of 'virtual' money
transmitted through cyberspace, it is ubiquitous and hugely
important, yet economists cannot even agree on what it is. In this
pithy, accessible book, Geoffrey Ingham cuts through this tangled
web of debate to bring rare clarity. Ingham begins by examining the
fundamental debate over the nature of money: is it fundamentally a
natural, 'neutral' measure of pre-existing value produced by 'real'
economic forces? Or is it a socially produced and politically
manipulated force that creates new value? He proceeds to trace the
import of these competing views for how we understand our
contemporary monetary systems and their practical and
policy-related implications, from their role in financial crises to
proposals for reform. Students of political economy, economic
sociology and monetary economics will find this book an invaluable
primer, as will general readers wishing to understand how money
shapes their lives, from the cash in their pocket to the numbers on
their computer screen.
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