Reconsidering the Privileged Powers of Banks: Foundations of Sovereign Money, Wealth and Real Capital for Sustainability - Image 1

£88.40

MACMILLAN Reconsidering the Privileged Powers of Banks: Foundations of Sovereign Money, Wealth and Real Capital for Sustainability

Name: Reconsidering the Privileged Powers of Banks: Foundations of Sovereign Money, Wealth and Real Capital for Sustainability
Brand: MACMILLAN
Price: 88.4 GBP
Availability: InStock

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About as cheap as it gets. The only time it was cheaper was 1 month ago.

£88 today · all-time low £88 (Jul 2026) · usually £88

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Description

This book explores the privileged powers commercial banks hold, namely, their ability to create money out of nothing and then have that money grow in tune with a positive interest rate. Said powers defy, in an unnatural sense, the first and second laws of thermodynamics. The necessity of understanding the dual natures of money, wealth, and real capital, or, put differently, the reality that these three entities are simultaneously individual affluence and collective biophysical debt, is emphasized. The book culminates by proposing completely new foundations of money, wealth, and real capital for any society on a pathway of responsible development.

Product Specifications

Brand: MACMILLAN
Format: paperback
ASIN: 9819960606
Category: Books > Subjects > Business, Finance & Law > Accounting > International
Domain: Amazon UK
Release Date: 27 October 2024
Listed Since: 28 October 2024

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MACMILLAN Reconsidering the Privileged Powers of Banks: Foundations of Sovereign Money, Wealth and Real Capital for Sustainability

About as cheap as it gets. The only time it was cheaper was 1 month ago.

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