The Theory of Money and of Economic Value As Factors Predicting the Business Futures

The Theory of Money and of Economic Value As Factors Predicting the Business Futures PDF Author: Joseph Alois Schumpeter
Publisher:
ISBN: 9780866543279
Category :
Languages : en
Pages : 115

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The Theory of Money and of Economic Value As Factors Predicting the Business Futures

The Theory of Money and of Economic Value As Factors Predicting the Business Futures PDF Author: Joseph Alois Schumpeter
Publisher:
ISBN: 9780866543279
Category :
Languages : en
Pages : 115

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Joseph Alois Schumpeter

Joseph Alois Schumpeter PDF Author: Jürgen G. Backhaus
Publisher: Springer Science & Business Media
ISBN: 0306480824
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
Joseph Alois Schumpeter is arguably the most important economist of the 20th century. Most readers are familiar with his Theory of Economic Development and his classic Capitalism, Socialism and Democracy. Less well-known are his seminal works published before he left Europe for the United States in 1942. In particular for the first time the missing Chapter Seven of his Theory of Economic Development has been published in this volume. It tries to put Economic Development into the broader context of culture, law and policy. Many of his earlier writings display a similar integrative approach and are therefore often treated as sociological writings. As Capitalism, Socialism and Democracy shows, he did not dissociate the different social sciences in his own mind but rather strove to keep the unity of the social sciences. Entrepreneurship, style and vision are the unifying concepts of his work.

The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money PDF Author: John Maynard Keynes
Publisher: Springer
ISBN: 3319703447
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

The General Theory of Employment, Interest and Money

The General Theory of Employment, Interest and Money PDF Author: John Maynard Keynes
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Money

Money PDF Author: Nico Stehr
Publisher: Routledge
ISBN: 1000691063
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
Since the publication of Georg Simmel’s Philosophy of Money more than a century ago, social science has primarily considered money a medium of exchange. This new book treats money as a more inclusive social concept that has profoundly influenced the emergence of modern society. Money is also a moral and political category. It communicates prices and thus embodies innumerable evaluations and judgments of objects and services, of social relationships and associations. At the same time, modern societies are undergoing fundamental transformations in which money assumes an ever-important role, while banking and financial services constitute the new primary sector of modern service economies. In this book, the authors trace the transformational scope of monetarization and financialization along the four classical productive forces—land, capital, labor, and knowledge—and evaluate the consequences of an irrepressible urge to quantify and monetarize almost everything social. What happens to a society in which the tangible products of the real economy lose their preeminent status, and everything is judged purely according to its economic value? The authors identify an increasing disconnect between market prices and social values with serious social, political, economic, and environmental consequences.

Business Conditions Digest

Business Conditions Digest PDF Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 124

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The Value of Money

The Value of Money PDF Author: Benjamin McAlester Anderson
Publisher: Ludwig von Mises Institute
ISBN: 1610162773
Category : Money
Languages : en
Pages : 642

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An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Bohm-Bawerk

An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Bohm-Bawerk PDF Author: William Smart
Publisher:
ISBN:
Category : Austrian school of economics
Languages : en
Pages : 124

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The Value of Money

The Value of Money PDF Author: Anderson
Publisher:
ISBN: 9781610160469
Category :
Languages : en
Pages : 610

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Book Description
Benjamin Anderson, American Austrian, was among a handful of economists, led by Ludwig von Mises in his pioneering work The Theory of Money and Credit in 1912, who set out to integrate monetary theory into a general theory of value. Anderson devoted a major portion of his great book The Value of Money, published in 1917, to a refutation of the "mechanical" quantity theory of money. He argued that the causes and effects from which the data of the quantity equation are constructed are disaggregated and complex; whatever the correlation between the aggregate variables of the quantity equation, correlation is not causation; causation cannot be established in the equation because there are no quantitative constants in human action (in particular, velocity is not constant); the quantity theory ignores time; there is no unambiguous way to define the variables in the theory: the money stock, velocity, the quantity of goods, and the price level. Anderson further holds that whatever true propositions the quantity theory offers can as well be deduced from a correct theory of value and that many true theories of modern economics (such as the laws of demand and supply, the theory of capitalization, and Gresham’s law) are inconsistent with it. Although some true propositions can be had from the quantity theory, not every conclusion derived from it is true. Anderson expended much effort to demonstrate that many theories constructed upon it are false. For example, he argued that the independence between the stock of money and the quantity of goods, assumed for the purpose of reaching the conclusion that increases in the stock of money lead to proportional increases in the price level, if carried into macroeconomics has pernicious effects.

Studies in the Theory of Money and Capital

Studies in the Theory of Money and Capital PDF Author: Erik Lindahl
Publisher: Routledge
ISBN: 1315443589
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
It is well-known that the Swedish experiment in practical economic control was inspired by a simultaneous development of economic thought in Sweden. Despite Swedish economics being known globally, until this book was originally published in 1939 there was little except second-hand descriptions of what the Swedes were really saying. This volume remedied that and explained hitherto hidden contemporary Swedish monetary theory.