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The Ontology and Function of Money - The Philosophical Fundamentals of Monetary Institutions (Hardcover)
Loot Price: R3,656
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The Ontology and Function of Money - The Philosophical Fundamentals of Monetary Institutions (Hardcover)
Series: Capitalist Thought: Studies in Philosophy, Politics, and Economics
Expected to ship within 10 - 15 working days
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The central thesis of the book is that in order to evaluate
monetary policy, one should have a clear idea about the
characteristics and functions of money as it evolved and in its
current form. That is to say that without an understanding about
how money evolved as a social institution, what it is today, and
what is possible to know about monetary phenomena, it is not
possible to develop a meaningful ethics for money; or, to put it
differently, to find what kind of institutional arrangements may be
deemed good money for the kind of society we are in. And without
that, one faces severe limitations in offering a normative position
about monetary policy. The project is, consequently, an
interdisciplinary one. Its main thread is an inquiry of moral
philosophy and its foundations, as applied to money, in order to
create tools to evaluate public policy in regard to money, banking,
and public finance; and the views of different schools on those
topics are discussed. The book is organized in parts on
metaphysics, epistemology, ethics and politics of money to
facilitate the presentation of all the subjects discussed to an
educated readership (and not necessarily just one with a background
in economics).
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