Loading, please wait...

product description page

Money : What It Is, How It's Created, Who Gets It, and Why It Matters - by Sergio M. Focardi (Hardcover)

Money : What It Is, How It's Created, Who Gets It, and Why It Matters - by Sergio M. Focardi (Hardcover) - image 1 of 1

About this item

By enabling the storage and transfer of purchasing power, money facilitates economic transactions and coordinates economic activity. But what is money? How is it generated? Distributed? How does money acquire value and that value change? How does money impact the economy, society?

This book explores money as a system of "tokens" that represent the purchasing power of individual agents. It looks at how money developed from debt/credit relationships, barter and coins into a system of gold-backed currencies and bank credit and on to the present system of fiat money, bank credit, near-money and, more recently, digital currencies. The author successively examines how the money circuit has changed over the last 50 years, a period of stagnant wages, increased household borrowing and growing economic complexity, and argues for a new theory of economies as complex systems, coordinated by a banking and financial system.

Money: What It Is, How It’s Created, Who Gets It and Why It Matters will be of interest to students of economics and finance theory and anyone wanting a more complete understanding of monetary theory, economics, money and banking.

Number of Pages: 188
Genre: Business + Money Management
Sub-Genre: Economics
Series Title: Economics in the Real World
Format: Hardcover
Publisher: Taylor & Francis
Book theme: Macroeconomics, Theory
Author: Sergio M. Focardi
Language: English
Street Date: March 29, 2018
TCIN: 53341152
UPC: 9781138228948
Item Number (DPCI): 248-62-9809
If the item details above aren’t accurate or complete, we want to know about it. Report incorrect product info.
MSRPReg: $155.00 Save $7.75 (5% off)
In stock - free standard shipping with REDcard
Not in stores
Loading, please wait...

Ratings & reviews

Prices, promotions, styles and availability may vary by store & online. See our price match guarantee. See how a store is chosen for you.

*See offer details. Restrictions apply. Pricing, promotions and availability may vary by location and at Target.com.