This book brings together fourteen essays by leading authors in the field of economics to explore the relationship between money and markets throughout economic theory and history, providing readers with the key to understanding fundamental issues in monetary theory and other important debates in contemporary economics.
Addressing this popular and topical area in economic discussion and debate an impressive array of contributors, including Meghnad Desai, Charles Goodhart and John Davis examine the theory, policy and history of economics in the USA, Europe and Japan. The subjects covered include:
- the history of economic thought
- money and banking
- monetary economics
- modern economic history.
This volume is essential reading for postdoctoral researchers and historians of economic thought across the globe.
Table of Contents
1. Money and Markets: Introduction Part 1: Alternative Representations of Market and Monetary Relationships 2. Monetary and Social Relationships 3. Complexity Theory’s Network Conception of the Individual 4. Does Game Theory Offer 'New' Mathematical Images of Economic Reality? Part 2: History of Monetary Ideas in the Light of Modern Theory 5. Money, Markets and Property 6. Money and Market as Twin Concepts?: Some Lessons from the Recent History of Market Theory 6. The Monetary-policy Relevance of an International Settlement Institution: The Keynes Plan Sixty Years Later 8. Price and Prejudice: The Statics and Dynamics of Money-wage Flexibility Part 3: At the Origin of Monetary Ideas 9. Beyond the Quanty Theory: A Reappraisal of Jean Bodin's Monetary Ideas 10. Money as a Social Bookkeeping Device: From Mercantilism to General Equilibrium Theory 11. Death in Venice - John Law: Art Collector, Monetary Theorist and Corporate Financier 12. Paper Money: A Reassessment of Adam Smith’s View Part 4: Neglected Contributions to Monetary Theory and Policy 13. 'Incalculability' and Heterogeneity of Agents in Frederick Lavington’s Monetary Theory of Markets 14. Profit Rate, Money and Economic Dynamics in Fanno's Thought 15. Money and Usury in the Economics of Ezra Pound