Money and inflation: a new approach to monetary analysis for the 21st century

Chowdhury, Mehdi

Money and inflation: a new approach to monetary analysis for the 21st century - Cham Palgrave Macmillan 2024 - vii, 135 p.

Table of content:
Front Matter
Pages i-vii
Download chapter PDF
Introduction
Mehdi Chowdhury
Pages 1-7
Existing Literature: A Brief Tour
Mehdi Chowdhury
Pages 9-17
What Is Money?
Mehdi Chowdhury
Pages 19-33
The Origin of Money as the Ability to Obtain Goods and Services
Mehdi Chowdhury
Pages 35-53
Money as the Ability Vis-à-Vis Other Concepts
Mehdi Chowdhury
Pages 55-64
Money as the Ability and Some Related Issues
Mehdi Chowdhury
Pages 65-78
Money as the Ability and Inflation
Mehdi Chowdhury
Pages 79-92
The Causes of Inflation
Mehdi Chowdhury
Pages 93-114
Some After Thoughts and the Question of Economic Policies
Mehdi Chowdhury
Pages 115-121
Back Matter
Pages 123-135
[https://link.springer.com/book/10.1007/978-3-031-52356-4]

The book goes beyond the usual understanding of money—physically, electronically or virtually expressed in term of monetary units like dollars, pounds, gold coins, or bitcoins—and discusses how money is best conceptualised as the ability of a person/party to obtain goods and services from another person/party. This ability may originate from the access of a person/party to money in usual sense (e.g. dollars, pounds) but also via force, social norms, mutual negotiation, altruism, trust or due to human biological characteristics. As the ability to obtain goods and services from others depends on the context — what functions as money in a time and place may not function as money in another time and place — as such money has no universal type or representation. The book explains inflation as the increased need to acquire money, that is the need to employ more physical and mental labour to create the ability to obtaina wide range of goods and services. This book provides an explanation of the post covid price hike and the cost of living crisis by taking this new theory into consideration, which will be of interest to academics, researchers, policy makers and students studying finance, monetary economics and inflation.
(https://link.springer.com/book/10.1007/978-3-031-52356-4)

9783031523557


Money
Inflation

332.4 / CHO

©2019-2020 Learning Resource Centre, Indian Institute of Management Bodhgaya

Powered by Koha