1st Edition

Money and Markets A Doctrinal Approach

Edited By Maria Cristina Marcuzzo, Alberto Giacomin Copyright 2007
    272 Pages 3 B/W Illustrations
    by Routledge

    272 Pages 3 B/W Illustrations
    by Routledge

    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
    • poverty
    • modern economic history.

    This volume is essential reading for postdoctoral researchers and historians of economic thought across the globe.

     

    1. Introduction

    A. Giacomin and M.C. Marcuzzo

    Part I: Alternative representations of market and monetary relationships

    2. Monetary and Social Relationships

    C. Goodhart

    3. Money, Markets and Property

    G. Heinsohn and O. Steiger

    4. Complex economic systems: using collective intentionality analysis to explain individual identity in networks

    J.B. Davis

    5. Does game theory offer "new" mathematical images of economic reality?

    G. Israel

    Part II: History of monetary ideas in the light of modern theory

    6. Money as a social bookkeeping device. From Mercantilism to general equilibrium theory

    P. Spahn

    7. Money and market as twin concepts? Some lessons from the recent history of market theory

    J. Cartelier

    8. The monetary policy relevance of an international settlement agent: Revisiting Keynes's 1944 plan 60 years later

    S. Rossi

    9. Deflation. The short happy life of unconventional thinking

    A. Simonazzi and F. Vianello

    Part III: At the origin of monetary ideas

    10. Beyond quantitativism: a reappraisal of Jean Bodin's monetary ideas

    J. Blanc

    11. Death in Venice – John Law: art collector and corporate financier

    A. Murphy

    Trinity College, Dublin

    12. Smith’s two-faced theory of money

    A. Giacomin

    Part IV: Neglected contributions to monetary theory and policy

    13. ‘Incalculability’ and Heterogeneity of Agents in Frederick Lavington’s Monetary Theory of Markets

    C. Dangel-Hagnauer and A. Raybaut

    13. The Revision of Monetary Theory in Fanno's analysis

    M. Pomini– C. Spiller

    15. The Route to All Evil: Ezra Pound's views on Money and Usury

    M. Desai

    Biography

    Maria Cristina Marcuzzo, Alberto Giacomin