Barley, Gold, or Fiat: Toward a Pure Theory of Money

by Thomas Quint and Martin Shubik

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Using simple but rigorously defined mathematical models, Thomas Quint and Martin Shubik explore monetary control in a simple exchange economy. Examining how money enters, circulates, and exits an economy, they consider the nature of trading systems and the role of government authority in the exchange of consumer goods for storable money; exchanges made with durable currency, such as gold; fiat currency, which is flexible but has no consumption value;...

Format:Hardcover

Language:English

ISBN:0300188153

ISBN13:9780300188158

Release Date:January 2014

Publisher:Yale University Press

Length:360 Pages

Weight:1.41 lbs.

Dimensions:1.0" x 7.9" x 9.4"

Related Subjects

Business Business & Investing Economics

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Barley, Gold, or Fiat: Toward a Pure Theory of Money

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