Synopsis
Money and its myths: how fallacies shape monetary thinking and policy
This critical study examines how ideas about money influence economic reasoning, from ancient exchange to modern monetary standards. It traces how mistaken assumptions can mislead debates and policy choices, and it highlights the role of psychology and social use in the development of money.
The book surveys key questions about money, value, and exchange, showing how scholars have argued about what money is, how it functions, and how it affects economies. It uses historical and theoretical perspectives to illuminate the debates that continue to shape monetary policy today.- Learn how money may have originated from social needs and symbolic value, not just trade.
- See how different thinkers interpret the monetary standard and its stability.
- Explore how fallacies influence arguments for or against free trade and monetary reform.
- Understand the relationship between money, credit, and economic behavior in historical context.
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Economic Method and Economic Fallacies (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book examines the intricate relationship between economics and mental sciences, delving into two contrasting approaches to scientific inquiry. The author argues that when analyzing economic questions, we can either follow the methods of physics, employing observation and experiment, or adopt the methods of mental sciences, which involve introspection and the analysis of language. The author maintains that the popular use of language is a valuable tool for understanding economic concepts, and that appealing to common usage can serve as a valid test of truth in economic theory. Through numerous examples, the book illustrates how relying on popular language can help identify fallacies and guide economic reasoning. By exploring the logical foundations of economics, this book offers a fresh perspective on the nature of economic inquiry and the insights it can provide. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330063187_0
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Economic Method and Economic Fallacies Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330063187
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Economic Method and Economic Fallacies Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330063187
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