1st Edition

Money and Exchange Folktales and Reality

By Sasan Fayazmanesh Copyright 2006
172 Pages 13 B/W Illustrations
by Routledge

172 Pages 13 B/W Illustrations
by Routledge

Whether a theoretical system is realistic or not has been a concern in economics, particularly in monetary theory, over the past century. Following John R. Hicks’ proposal that a realistic monetary theory could be constructed along an evolutionary path, starting with the workings of a real market, this volume considers whether we can look to the medieval economy as the point of departure.... Read more

Acknowledgments

1 INTRODUCTION

2 THE FIRST COMMUNITY AND THE EQUATION OF EXCHANGE

3 THE SONS OF ADAM, JUSTICE IN EXCHANGE AND THE MEDIEVAL ECONOMY

4 THE BARTERING SAVAGE AND THE EQUATION OF EXCHANGE

5 PRIMITIVE COMMUNITIES, THE EQUATION OF EXCHANGE AND PROPER POINT OF DEPARTURE

6 MADEMOISELLE ZÉLIE AND THE "SCIENTIFIC" THEORY OF EXCHANGE

7 NEO-WALRASIANSIM, THE MATRIX OF EXCHANGE AND BEYOND

8 CONCLUSION

Notes

References

Index

Biography

Sasan Fayazmanesh is Associate Professor of Economics at California State University, Fresno. His current areas of research include monetary history and theory, money and banking, the history, methodology and philosophy of economics and the political economy of the Middle East.