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Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New) Loot Price: R1,659
Discovery Miles 16 590
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Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New): Thomas Quint, Martin Shubik
Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New): Thomas Quint, Martin Shubik

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Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New)

Thomas Quint, Martin Shubik

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List price R2,023 Loot Price R1,659 Discovery Miles 16 590 | Repayment Terms: R154 pm x 12* You Save R364 (18%)

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Using simple but rigorously defined mathematical models, Thomas Quint and Martin Shubik explore monetary control in a simple exchange economy. Examining how money enters, circulates, and exits an economy, they consider the nature of trading systems and the role of government authority in the exchange of consumer goods for storable money; exchanges made with durable currency, such as gold; fiat currency, which is flexible but has no consumption value; conditions under which borrowers can declare bankruptcy; and the distinctions between individuals who lend their own money, and financiers, who lend others'.

General

Imprint: Yale University Press
Country of origin: United States
Release date: 2014
First published: 2014
Authors: Thomas Quint • Martin Shubik
Dimensions: 234 x 155 x 22mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 352
Edition: New
ISBN-13: 978-0-300-18815-8
Barcode: 9780300188158
Categories: Books > Humanities > History > History of specific subjects > Economic history
Books > History > History of specific subjects > Economic history
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Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
LSN: 0-300-18815-3

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