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Money, Valuation and Growth - Conceptualizations and contradictions of the money economy (Paperback)
Loot Price: R967
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Money, Valuation and Growth - Conceptualizations and contradictions of the money economy (Paperback)
Series: Routledge International Studies in Money and Banking
Expected to ship within 12 - 17 working days
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We have experienced an era of extreme anti-inflationary policy
combined with debts and deficits, the result of which has been a
decrease in social stability. This book examines how using
mainstream theory as the basis for economic decisions leads to
misunderstandings of central concepts of our economic reality. It
aims to establish a better understanding of the discrepancies
between the current mainstream economic theory and the economy
experienced in business and politics. This ambitious and
wide-ranging volume begins the project of rethinking the approach
of economics to money. In this new light, concepts such as
valuation, price, uncertainty, growth and aggregation are
interpreted differently, even as analytical inconsistencies and
even intrinsic contradictions between these concepts arise. A
central theme of the book is the use of money as a measure and
whether the disconnect between money as a form of measurement and
money as it is used in the real world can be maintained. This book
calls for a radical rethinking of the basis of much of the modern
study of economics. It will be of interest to researchers concerned
with monetary economics, finance, political economy and economic
philosophy.
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