Barley, gold, or fiat: toward a pure theory of money
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Quint, Thomas (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New Haven Yale University Press ©2014
Schlagworte:
Beschreibung:Includes bibliographical references and index
Using simple but rigorously defined mathematical models, Thomas Quint and Martin Shubik explore monetary control in a simple exchange economy. Examining how money enters, circulates and exits an economy, they consider the nature of trading systems and the role of government authority in the exchange of consumer goods for storable money; exchanges made with durable currency, such as gold; fiat currency, which is flexible but has no consumption value; conditions under which borrowers can declare bankruptcy; and the distinctions between individuals who lend their own money, and financiers, who lend others
Beschreibung:xv, 344 pages
ISBN:0300199228
9780300199222

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