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008 250108b |||||||| |||| 00| 0 eng d
020 _a9783031523557
082 _a332.4
_bCHO
100 _aChowdhury, Mehdi
_920232
245 _aMoney and inflation:
_ba new approach to monetary analysis for the 21st century
260 _bPalgrave Macmillan
_aCham
_c2024
300 _avii, 135 p.
365 _aEUR
_b39.99
500 _aTable 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]
520 _aThe 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)
650 _aMoney
650 _aInflation
_911011
942 _cBK
_2ddc
999 _c8317
_d8317