Money and Exchange

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, t...

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Auteur principal: Fayazmanesh, Sasan
Format: Online
Langue:anglais
Publié: Taylor & Francis 2025
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Accès en ligne:ONIX_20250515T115059_9781134423194_44
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author Fayazmanesh, Sasan
author_browse Fayazmanesh, Sasan
author_facet Fayazmanesh, Sasan
author_sort Fayazmanesh, Sasan
collection Directory of Open Access Books
description 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. Drawing upon the work of Aristotle, scholastic economists, Adam Smith, Karl Marx, William Stanley Jevons, Léon Walras and many modern monetary theorists, this intriguing book provides a critical analysis of some basic theories of monetary analysis. Concentrating primarily on certain fundamental building blocks it covers: the theory and mathematical properties of barter and monetary relations the distinction between barter and monetary relations and money and non-money commodities the concept of exchange as an equation, and the notion of the exchange relation as a relation of equality. This groundbreaking study dispels some of the old myths and conjectures concerning money and exchange and opens up the way for the development of new approaches, both realistic and evolutionary, of interest to researchers and students of the history of monetary theory and economic thought.
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language eng
publishDate 2025
publishDateRange 2025
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spelling doab-20.500.12854ir-1594872025-05-16T05:10:04Z Money and Exchange Fayazmanesh, Sasan Monetary Theory monetary Monetary Relation theory Money Commodity relations Non-money Commodities commodity Walrasian General Equilibrium Theory non-money Walras’s Theory commodities Indirect Exchange walrass Walras’s General Equilibrium Theory indirect Pure Barter Economy walrasian General Equilibrium Theory general Contemporary Society U1 U2 U3 U4 U1 Physico Mathematical Sciences Barter Values Medieval Economy Qualitative Relation Double Coincidence Jevons’s Concepts Aristotle’s Equation thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history 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. Drawing upon the work of Aristotle, scholastic economists, Adam Smith, Karl Marx, William Stanley Jevons, Léon Walras and many modern monetary theorists, this intriguing book provides a critical analysis of some basic theories of monetary analysis. Concentrating primarily on certain fundamental building blocks it covers: the theory and mathematical properties of barter and monetary relations the distinction between barter and monetary relations and money and non-money commodities the concept of exchange as an equation, and the notion of the exchange relation as a relation of equality. This groundbreaking study dispels some of the old myths and conjectures concerning money and exchange and opens up the way for the development of new approaches, both realistic and evolutionary, of interest to researchers and students of the history of monetary theory and economic thought. 2025-05-16T05:10:03Z 2025-05-16T05:10:03Z 2025-05-15T10:05:30Z 2006 book ONIX_20250515T115059_9781134423194_44 https://library.oapen.org/handle/20.500.12657/101794 9781134423194 9780203965580 9780415299749 9781134423187 9780415655637 9781134423149 https://directory.doabooks.org/handle/20.500.12854/159487 eng Routledge Studies in the History of Economics open access image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/101794/1/9781134423194.pdf Taylor & Francis Routledge 10.4324/9780203965580 10.4324/9780203965580 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 9781134423194 9780203965580 9780415299749 9781134423187 9780415655637 9781134423149 Routledge 192 Oxford open access
spellingShingle Monetary Theory
monetary
Monetary Relation
theory
Money Commodity
relations
Non-money Commodities
commodity
Walrasian General Equilibrium Theory
non-money
Walras’s Theory
commodities
Indirect Exchange
walrass
Walras’s General Equilibrium Theory
indirect
Pure Barter Economy
walrasian
General Equilibrium Theory
general
Contemporary Society
U1 U2 U3 U4 U1
Physico Mathematical Sciences
Barter Values
Medieval Economy
Qualitative Relation
Double Coincidence
Jevons’s Concepts
Aristotle’s Equation
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
Fayazmanesh, Sasan
Money and Exchange
title Money and Exchange
title_full Money and Exchange
title_fullStr Money and Exchange
title_full_unstemmed Money and Exchange
title_short Money and Exchange
title_sort money and exchange
topic Monetary Theory
monetary
Monetary Relation
theory
Money Commodity
relations
Non-money Commodities
commodity
Walrasian General Equilibrium Theory
non-money
Walras’s Theory
commodities
Indirect Exchange
walrass
Walras’s General Equilibrium Theory
indirect
Pure Barter Economy
walrasian
General Equilibrium Theory
general
Contemporary Society
U1 U2 U3 U4 U1
Physico Mathematical Sciences
Barter Values
Medieval Economy
Qualitative Relation
Double Coincidence
Jevons’s Concepts
Aristotle’s Equation
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
topic_facet Monetary Theory
monetary
Monetary Relation
theory
Money Commodity
relations
Non-money Commodities
commodity
Walrasian General Equilibrium Theory
non-money
Walras’s Theory
commodities
Indirect Exchange
walrass
Walras’s General Equilibrium Theory
indirect
Pure Barter Economy
walrasian
General Equilibrium Theory
general
Contemporary Society
U1 U2 U3 U4 U1
Physico Mathematical Sciences
Barter Values
Medieval Economy
Qualitative Relation
Double Coincidence
Jevons’s Concepts
Aristotle’s Equation
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
url ONIX_20250515T115059_9781134423194_44
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