The Economics and Politics of Money

The Economics and Politics of Money

This work represents the full range of Alan Walters' contribution to economics over a period of 30 years, from academic debate to close involvement in British policy-making.

Author: Alan Arthur Walters

Publisher: Edward Elgar Pub

ISBN: STANFORD:36105020188475

Category: Business & Economics

Page: 383

View: 974

This work represents the full range of Alan Walters' contribution to economics over a period of 30 years, from academic debate to close involvement in British policy-making.
Categories: Business & Economics

One Money for Europe

One Money for Europe

Describes how EMU could actually work better in a confederal Europe with no federal chief executive and with only limited accountability to political institutions.

Author: Malcolm Crawford

Publisher:

ISBN: 0333659252

Category: Europe

Page: 377

View: 461

Describes how EMU could actually work better in a confederal Europe with no federal chief executive and with only limited accountability to political institutions.
Categories: Europe

The Politics of Money

The Politics of Money

Although critiques of capitalism from Marxist, feminist and ecological perspectives abound, The Politics of Money is unique in gathering the strengths of these differing critiques into a coherent whole.The book reviews the role of money in ...

Author: Frances Hutchinson

Publisher: Pluto Press (UK)

ISBN: UCSC:32106016634179

Category: Business & Economics

Page: 248

View: 373

Classical and radical economists have marginalised the role of money, most particularly the role of credit, in driving the machinery of accumulation and exclusion. Although critiques of capitalism from Marxist, feminist and ecological perspectives abound, The Politics of Money is unique in gathering the strengths of these differing critiques into a coherent whole.The book reviews the role of money in current society through an overview of the history of money creation and a critique of the main theoretical developments in economic thought. Alternative perspectives on money are then presented through a review of a number of radical perspectives but focusing mainly on the work of Marx, Veblen and the social credit perspective of Douglas and the guild socialists.The authors have drawn upon their varied expertise in economics and the social sciences to produce the foundations of a new political economy that will enable communities to reconstruct their socio-economic fabric through social and political control of money systems.
Categories: Business & Economics

Gold Or Credit

Gold Or Credit

Traces how the present monetary system arose and how it differs from the classic gold standard. Examines the nature of the suffices.

Author: Francis Cassell

Publisher: London : Published for the Federal Trust for Education and Research by Pall Mall Press

ISBN: UOM:39015009200745

Category: Balance of payments

Page: 216

View: 348

Traces how the present monetary system arose and how it differs from the classic gold standard. Examines the nature of the suffices.
Categories: Balance of payments

The Power of Money

The Power of Money

Yet significant aspects of how money works in society are concealed by myths, dogmas, and misperceptions. In The Power of Money Henry Bretton focuses on how money works in a democracy.

Author: Henry L. Bretton

Publisher: SUNY Press

ISBN: 0873954254

Category: Business & Economics

Page: 418

View: 126

Money is both a vibrant, dynamic material substance and a social force that permeates industrial societies in their entirety. Yet significant aspects of how money works in society are concealed by myths, dogmas, and misperceptions. In The Power of Money Henry Bretton focuses on how money works in a democracy. He contends that the well-being of political democracy depends on a fuller understanding of the centrality of money in politics, and he presents his ideas on monetary policy, corruption and reform, banking and politics, private power within a democracy, money in international relations, and the system-destroying effects of money. Bretton considers the subject of money and democracy in the context of how monetarization of societies proceeded form antiquity to the Industrial Revolution, and he analyzes the formative years of the United States in terms of being based on political ideas that did not take account of monetarization. He reviews what social theorists and economists from Aristotle to Friedman have thought about the role of money in society and how it affects individual behavior and social norms. The link between economics and politics has been only partially explored, he contends, and he sees the major task for social scientists as developing a fuller integration of the two mainstreams of social theory, the political and the economic.
Categories: Business & Economics

The Future of Money

The Future of Money

This book should also be of interest to scholars, government officials, and others interested in the future of international monetary affairs."--Robert Gilpin, Princeton University "This book is an outstanding addition to the literature.

Author: Benjamin J. Cohen

Publisher: Princeton University Press

ISBN: 0691116652

Category: Business & Economics

Page: 294

View: 901

Is globalization leading us toward a world of fewer and fewer currencies and, consequently, simplified monetary management? Many specialists believe this is the case, as the territorial monopolies national governments have long claimed over money appears to be eroding. In The Future of Money, Benjamin Cohen argues that this view--which he calls the "Contraction Contention"--is wrong. Rigorously argued, written with extraordinary clarity, and thoroughly up-to-date, this book demonstrates that the global population of currencies is set to expand greatly, not contract, making monetary governance more difficult, not less. At the book's core is an innovative theoretical model for understanding the strategic preferences of states in monetary management. Should governments defend their traditional monetary sovereignty, or should they seek some kind of regional consolidation of currencies? The model offers two broad advances. First, whereas most scholarly work evaluates strategic options individually or in comparison to just one other alternative, this model emphasizes the three-dimensional nature of the decisions involved. Second, the model emphasizes degrees of currency regionalization as a central determinant of state preferences. Cohen also systematically explores the role of the private sector as an alternative source of money. The book concludes with two key policy proposals. First, fiscal policy should be resurrected as a tool of macroeconomic management, to offset the present-day erosion in the effectiveness of monetary policy. Second, the International Monetary Fund should more actively help coordinate the decentralized strategic decision-making of governments. The future of money will be perilous. But, by mapping out the alternative policies countries can follow, The Future of Money shows it need not be chaotic.
Categories: Business & Economics

Gold Or Credit

Gold Or Credit

Author: Francis Cassell

Publisher:

ISBN: LCCN:65023928

Category: Balance of payments

Page: 216

View: 267

Categories: Balance of payments

Monetary Orders

Monetary Orders

In Monetary Orders, a distinguished group of scholars explores the inescapable political origins of choices about money. The essays in Monetary Orders each address a specific issue or puzzle relating to money and its management.

Author: Jonathan Kirshner

Publisher: Cornell University Press

ISBN: 9781501731624

Category: Political Science

Page: 336

View: 547

Wherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows. A principal defining characteristic of the contemporary global economy, Jonathan Kirshner contends, is the rise and preeminence of monetary phenomena—international financial crises, Central Bank Independence and inflation fighting, the creation of the euro, and monetary reform in emerging economies, to name only a few. Moreover, unlike most debates in political economy (such as those regarding trade policy), which are generally recognized as political, monetary phenomena and macroeconomic policies are typically represented as expressly apolitical. In Monetary Orders, a distinguished group of scholars explores the inescapable political origins of choices about money. The essays in Monetary Orders each address a specific issue or puzzle relating to money and its management. Their authors focus on markedly disparate cases but share a common observation: for most policy choices about money, market forces and economic logic can rule out certain options, but are indeterminate in explaining why one policy rather than another will be chosen. Ultimately, political factors are essential to explain fundamental and consequential choices about money.
Categories: Political Science

Money Matters

Money Matters

Author:

Publisher:

ISBN: OCLC:602720261

Category: Law and economics

Page: 468

View: 726

Categories: Law and economics

Money

Money

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 ...

Author: Geoffrey Ingham

Publisher: Polity

ISBN: 150952682X

Category: Political Science

Page: 180

View: 598

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.
Categories: Political Science

Greenback Resumption and Silver Risk

Greenback Resumption and Silver Risk

This paper begins by developing a framework for price and interest rate determination under suspension of convertibility during the national banking period.

Author: Charles W. Calomiris

Publisher:

ISBN: OCLC:27097575

Category: Currency convertibility

Page: 45

View: 276

This paper begins by developing a framework for price and interest rate determination under suspension of convertibility during the national banking period. The model is applied to interpret unanticipated price level shocks and expected deflation during the period of green back inconvertibility( 1862-1879), and to explain forward discounts on the dollar during the 1890s, which saw substantial risk of a return to suspension of convertibility. Special features of dollar value risk during the 1890s, including an endogenous supply of government licensed money (national bank notes), and a time-varying probability of a long-run switch to silver, require a different model of speculative attack from the standard approach which assumes a government-controlled supply of money. The salient empirical findings of the paper are: (1) Ex ante real interest rates were higher than nominal interest rates during the 1870s, and lower than nominal interest rates during the silver-risk episodes of the mid-1890s. (2) Runs on the dollar in the 1890s mainly reflected concerns about short-run convertibility, and small depreciation of the dollar contingent on suspension, rather than a likely immediate switch from gold to a permanently depreciated silver standard. (3) Expected deflation in the 1870s accounts for the apparent weakness of the procyclicality of prices, using annual data for the national banking period. Once one takes account of shifting expectations of inflation, unanticipated movements in prices and output are much more closely related.
Categories: Currency convertibility

The Politics of Economic and Monetary Union

The Politics of Economic and Monetary Union

The politics of EMU includes many dimensions. The book tries to explain the hegemony of the neoliberal and German vision of Europe in the context of recent development in the global political economy.

Author: Petri Minkkinen

Publisher: Springer Science & Business Media

ISBN: 9781461560852

Category: Business & Economics

Page: 250

View: 456

If the plans concerning EMU will be realised, by 2002 national currencies will be replaced by the Euro and national central banks will be partially replaced by the European Central Bank. The Politics of Economic and Monetary Union starts with the argument that EMU is more a political than an economic project. It develops this theme by addressing five different questions. First, precisely what is the general role of EMU in the globalising political economy? Second, how EMU will change the power relations and the relationship between `political' and `economic'? Third, what effects will EMU have on generally accepted values - including for example efficiency, self-determination, and democracy? Fourth, how does the EMU-related politics of symbols - including money - take part in constructing political identities? And last, but certainly not least, what effects EMU will have on the social and political dimension of the Union and thus also on its legitimacy? The politics of EMU includes many dimensions. The book tries to explain the hegemony of the neoliberal and German vision of Europe in the context of recent development in the global political economy. It assesses the consequences of this hegemony and the possibility for alternatives from a variety of perspectives. In many chapters, it is also argued that the legitimation problems of the Union may turn into an acute crisis also because of EMU. We should expect an actualised crisis to lead to a transformation of the Union.
Categories: Business & Economics

The History of Money for Understanding Economics

The History of Money for Understanding Economics

This book answers questions such as: How did money and banking appear? Why did gold coins vanish after circulating for centuries? What is inflation? What is the IMF?

Author: Vincent Lannoye

Publisher: Vincent Lannoye

ISBN: 9781507845905

Category: Business & Economics

Page: 502

View: 103

Money is the key to learning economics. If the monetary system is well understood, it will clarify seemingly impenetrable economic events. The History of Money for Understanding Economics is indeed the indispensable reference to decrypt economics, and it does so in an enthralling way, from antiquity to the present day, with readily accessible language. This book answers questions such as: How did money and banking appear? Why did gold coins vanish after circulating for centuries? What is inflation? What is the IMF? The History of Money for Understanding Economics also explains new interpretations of history that have underscored how monetary changes have catalyzed events from the fall of the Roman Empire to World War II and beyond. Considering such past monetary influences, Lannoye challenges the reader with a monetary innovation to speed up the economy (and finance a green economy).
Categories: Business & Economics

Power and Money

Power and Money

Author: Charles Poor Kindleberger

Publisher:

ISBN: 0333121678

Category: International economic relations

Page: 246

View: 658

Categories: International economic relations

VII XII

                                                                             VII XII

Author: Сергей Николаевич Григорян

Publisher:

ISBN: UOM:39015059813348

Category: Islamic philosophy

Page: 328

View: 813

Categories: Islamic philosophy

Money and Power in Europe

Money and Power in Europe

Traces the history of European monetary negotiations from the 1960s to the 1990s.

Author: Matthias Kaelberer

Publisher: SUNY Press

ISBN: 0791449955

Category: Political Science

Page: 254

View: 368

Traces the history of European monetary negotiations from the 1960s to the 1990s.
Categories: Political Science

Money and Power

Money and Power

Examining the fascinating interplay of economics and politics, this is a compelling journey through some of the most significant people and events of the last 300 years.

Author: Vince Cable

Publisher: Atlantic Books

ISBN: 9781786495129

Category: Business & Economics

Page: 397

View: 958

Through economics, our politicians have the power to transform people's lives for better or worse. Think Deng Xiaoping who lifted millions out of poverty by opening up China; Franklin D Roosevelt whose 'New Deal' helped the USA break free of the Great Depression. Or Peron and his successors in Argentina who brought the country to the brink of ruin.In this magisterial history, economist and politician Vince Cable examines the legacy of 16 world leaders who transformed their countries' economic fortunes and who also challenged economic convention. From Thatcher to Trump, from Lenin to Bismarck, Money and Power provides a whole new perspective on the science of government. Examining the fascinating interplay of economics and politics, this is a compelling journey through some of the most significant people and events of the last 300 years.
Categories: Business & Economics

Money Power and Financial Capital in Emerging Markets

Money Power and Financial Capital in Emerging Markets

This book provides a comprehensive investigation of the messy and crisis-ridden relationship between the operations of capitalist finance, global capital flows, and state power in emerging markets.

Author: Ilias Alami

Publisher: RIPE Series in Global Political Economy

ISBN: 036727647X

Category: Capital market

Page: 238

View: 763

This book provides a comprehensive investigation of the messy and crisis-ridden relationship between the operations of capitalist finance, global capital flows, and state power in emerging markets. The politics, drivers of emergence, and diversity of these myriad forms of state power are explored in light of the positionality of emerging markets within the network of space and power relations that characterises contemporary global finance. The book develops a multi-disciplinary perspective and combines insights from Marxist political economy, post-Keynesian economics, economic geography, and postcolonial and feminist International Political Economy. Alami comprehensively reviews the theories, histories, and geographies of cross-border finance management, and develops a conceptual framework which allows unpacking the complex entanglement of constraint and opportunities, of growing integration and tight discipline, that cross-border finance represents for emerging markets. Extensive fieldwork research provides an in-depth comparative critical interrogation of the policies and regulations deployed in Brazil and South Africa. This volume will be especially useful to those researching and working in the areas of international political economy, contemporary geographies of money and finance, and critical development studies. It should also prove of interest to policy makers, practitioners, and activists concerned with the relation between finance and development in emerging markets and beyond.
Categories: Capital market