John Wiley & Sons Money Cover Few economic phenomena provoke as much confusion as money. From the first measures of value and the .. Product #: 978-1-5095-2681-9 Regular price: $52.24 $52.24 Auf Lager

Money

Ingham, Geoffrey

What is Political Economy?

Cover

1. Auflage November 2019
189 Seiten, Hardcover
Wiley & Sons Ltd

ISBN: 978-1-5095-2681-9
John Wiley & Sons

Kurzbeschreibung

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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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.

Part I What is Money?
1 Money's Puzzles
2 The 'incompatibles'
3 A social theory of money and monetary systems
Part II Capitalism and Money
4 The evolution of capitalist money
5 Modern money (i): states, central banks, and their banking system
6 Modern money (ii): 'near' money; 'complementary', 'alternative'; 'surrogate' money; and 'crypto currency'
7 The Great Financial Crisis and the Question of Money
8 Some conclusions
Geoffrey Ingham is Emeritus Reader in Sociology and Political Economy at the University of Cambridge and Fellow of Christ's College

G. Ingham, University of Cambridge