Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

“Criticism of capitalism“ – is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. “Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all? 

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.

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Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

“Criticism of capitalism“ – is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. “Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all? 

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.

59.99 In Stock
Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

by Dirk Kaiser
Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

Economic Theory in the 21st Century: Towards a Renewed Understanding of Money and Capital from a System-wide Perspective

by Dirk Kaiser

eBook1st ed. 2020 (1st ed. 2020)

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Overview

“Criticism of capitalism“ – is it really politically fair and theoretically sound to address important politico-economic issues of our time by use of a terminology that still stems from the times of the Cold War? Money is the other topic. “Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all? 

In this book, Kaiser provides the reader with surprisingly new insights into the fascinating phenomena of capital and money.


Product Details

ISBN-13: 9783658306397
Publisher: Springer Gabler
Publication date: 08/28/2020
Sold by: Barnes & Noble
Format: eBook
File size: 2 MB

About the Author

Dirk Kaiser is professor of financial management, banks and insurances at Bochum University of Applied Sciences. Before, he served as head of the participations department of a tour operator and the central mandate services department of an international bank.

Table of Contents

Part I: Exchange Contracts and the Walrasian Paradigm.- 1. The Paradigm in the Philosophy of Science.- 2. The Walrasian Paradigm in Contemporary Economics.- 3. Basic Elements of an Exchange-Systematized Walrasian Paradigm.- 4. First Potential Applications of an Exchange-Systematized Walrasian Paradigm  .- Part II: An Exchange-Contractual Analysis of Private and Public Wealth.- 5. Origins and Significance of a Famous Debate.- 6. Inner Exchange Contracts.- 7. Outer Financial Contracts.- 8. Multiple Exchange Equilibrium and the Balance Sheet.- 9. Degeneration of Money.- 10. Appendix to Part II.- Part III: An External Monetary Calculus for the Homo Oeconomicus.- 11. On the External Arrangement of the Monetary Calculus.- 12. The Desired Amount of Money Holding as a Reflex of Benefits and Costs.- 13. Analysis of an Expansionary Monetary Impulse.- Part IV: Summary and Outlook.- 14. Summary.- 15. Outlook.


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