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Economic Theory in the 21st Century

Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

Dirk Kaiser

PDF
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Springer Fachmedien Wiesbaden img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

“Criticism of capitalism“ – is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. “Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all? 

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.

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Schlagwörter

Exchange Contracts, Private Wealth, Public Wealth, Capital, Monetary Calculus, Money, Walrasian Paradigm, Economic Theory