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Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New) Loot Price: R1,462
Discovery Miles 14 620
You Save: R317 (18%)
Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New): Martin Shubik, Thomas Quint
Barley, Gold, or Fiat - Toward a Pure Theory of Money (Hardcover, New): Martin Shubik, Thomas Quint

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

Martin Shubik, Thomas Quint

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List price R1,779 Loot Price R1,462 Discovery Miles 14 620 | Repayment Terms: R136 pm x 12* You Save R317 (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: Martin Shubik • Thomas Quint
Dimensions: 235 x 156 x 22mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 360
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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