The Capitalistic Cost-Benefit Structure of Money An Analysis of Money’s Structural Nonneutrality and its Effects on the Economy
This study is concerned with the time-honored problem of the change that is induced when money enters into the economy. As far back as Aristotle (Politics, pp. 1135-1143) the still-unanswered question regarding the dichotomy of the real-exchange and the monetary economy was raised. He contrasted Oec...
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| Format: | eBook |
| Language: | English |
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Berlin, Heidelberg
Springer Berlin Heidelberg
1989, 1989
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| Edition: | 1st ed. 1989 |
| Series: | Studies in Contemporary Economics
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| Subjects: | |
| Online Access: | |
| Collection: | Springer Book Archives -2004 - Collection details see MPG.ReNa |
Table of Contents:
- 1 Second-Best Capitalism
- 1 The Actual Standard of Welfare in Capitalism
- 2 Symptoms of Suboptimal Capitalism
- 3 The Significance of Money
- 2 Money’s Costs and Benefits
- 4 The Transaction Cost Approach
- 5 The Concept of Interest-Bearing Money
- 6 The Equalization of Money’s Cost and Benefit
- 3 The Production and Destruction of Monetary Liquidity
- 7 Production Costs and Benefits of Monetary Liquidity
- 8 Rewarding the Marplot in the Game of the Monetarized Economy
- 9 Private Destruction and Reissue of Money
- 4 Optimal Monetary Liquidity
- 10 Neutral Money
- 11 Predecessors
- 12 The Monetary Welfare Optimum
- 5 Establishing Neutral Money
- 13 Cost-Bearing Money: An Historical Retrospective
- 14 The Realization of Neutral Money
- References