£128.68

Routledge Money: What It Is, How It's Created and Why It Matters

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Description

Understand the fundamental mechanics of the global economy with this comprehensive guide from Routledge. This book explores money as a system of tokens that represent the purchasing power of individual agents, providing clarity on how economic transactions are coordinated through the storage and transfer of value. Readers will gain insight into the evolution of monetary systems, tracing the history from early debt and credit relationships and barter systems to the use of coins. The text examines the transition to gold-backed currencies and bank credit, leading into our modern era of fiat money and bank credit. By investigating how money is generated, distributed, and how its value changes, this work helps explain the broader impact of money on both the economy and society. It is an essential resource for anyone looking to grasp how money functions in the real world.

Key Features

Examines money as a system of tokens used to represent the purchasing power of individual agents in economic transactions.

Traces the historical development of money from early debt and credit relationships through barter and coin systems.

Provides a detailed look at the transition from gold-backed currencies to modern bank credit and fiat money systems.

Explores the core questions of how money is generated, how it is distributed, and how its value changes over time.

Analyzes the impact of monetary systems on both the wider economy and the structure of society.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 March 2018
Listed Since
24 June 2016

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