Barley, Gold, or Fiat: Toward a Pure Theory of Money
Thomas Quint, Martin ShubikUsing 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’.
კატეგორია:
წელი:
2014
გამომცემლობა:
Yale University Press
ენა:
english
გვერდები:
360
ISBN 10:
0300188153
ISBN 13:
9780300188158
ფაილი:
PDF, 1.53 MB
IPFS:
,
english, 2014