Money and its origins

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Title:

Author:

Karimzadi, Shahzavar.

ISBN:

9780415517911

9780203102237

Personal Author:

Karimzadi, Shahzavar.

Publication Information:

London ; New York : Routledge, 2013.

Physical Description:

xviii, 268 p. ; 24 cm.

Series:

Routledge international studies in money and banking ; 71

Routledge international studies in money and banking ; 71.

General Note:

Formerly CIP.

Contents:

Introduction -- Money as a discovery or an invention -- Division of labour and production of surplus products -- Initiation of money from the act of exchange -- The exchange in kind versus the exchange against a medium -- The origin of money and the most marketable good -- Money is originated from its functions -- Money as a cretation of debt payable or a creative of the state -- Inherent difficulties of the barter system and the origin of money -- The nature and the true origin of money -- Conclusion: the origins of money and how it come into being.

Subject Term:

Money -- History.

Economic history.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025584166	332.4 K18M 2013	1	Searching... Unknown

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Summary

The concept of the origin of money has been a topic of interest and discussion to almost all schools of economic thought. However, in spite of minor differences of interpretation, most views share an underlying core principal about the rise and origin of money, implicit in which is the central belief that barter exchange preceded the money economy.

This new book offers a challenge to this belief, and argues that it is only by making this challenge that we will be in the position to accurately trace the roots of money. In an ambitious undertaking, the book has gathered and classified the major theories of the origin of money and assessed each at length, before presenting an innovative, alternative theoretical framework for the formation and the rise of money. It blends the objections made against the principal explanations of the origins of money and presents a terminological clarification between what can or cannot be classified as money.

This study has wide-ranging implications, in terms of both the operation of the economy and the implementation of monetary policy, and will be of interest to all those working in the areas of finance, monetary economics, economic theory and the history of economic thought.