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The Enigma of Money: Gold, Central Banknotes, and Bitcoin

Makoto Nishibe




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 | #6347984 in Books |  2016-10-25 | Original language:Japanese | PDF # 1 |  9.21 x.31 x6.14l,.0 | File type: PDF | 93 pages

||From the Back Cover||This book provides a new way of understanding modern money and markets by stressing their self-fulfilling/self-destructive properties as institutions from evolutionary perspectives. In contrast to an unrealistic view of the neoclassical gene

This book provides a new way of understanding modern money and markets by stressing their self-fulfilling/self-destructive properties as institutions from evolutionary perspectives. In contrast to an unrealistic view of the neoclassical general equilibrium theory that models the price mechanism of a “concentrated market” without using money, presented here is an alternative theory of markets on how a realistic “dispersive market” using a s...

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