Money, Finance, Reality, Morality: A New Way to Address Old Problems
Conventional explanations of what money is, are weighed down by bad ideas and irrelevant historical evidence. The standard theory of finance is hampered by the lack of both sociological and ethical contextualization, and by sloppy thinking about numbers and time. Money, Finance, Reality, Morality lifts all those weights. It presents truly novel models of how the economy, money, and finance actually work, finishing with a number of radical but concrete policy suggestions.
The book analyses the perception of money as an economic tool (as compared to a symbolic and sociological object) as a highly functional quantitative token that assigns numerical values to the inherently unmeasurable economic activities of labour and consumption.
The author argues the importance of the separation of token-money from savings-money, discusses the symbolic and economic uses of money, and looks critically at claims that monetary values must have some non-monetary quantitative meaning.
Of value to students, teachers and practitioners in economics and finance, government and politics, religion, and philosophy and sociology, Money, Finance, Reality, Morality aims to clarify much of the muddled thinking about money.
Author: Edward Hadas is Research Fellow, Blackfriars Hall, Oxford University (UK). He was formerly economics editor at Thomson Reuters, where he continues to contribute to Reuters Breakingviews. He also worked on the Financial Times' influential Lex column, following 25 years as a financial analyst with firms like Morgan Stanley and Putnam Investments.
Title: Money, Finance, Reality, Morality
Subtitle: A New Way to Address Old Problems
Subject Classification: Economics and Finance, Society and Culture, Religion and Faith
BIC Classification: KF, KC, JF
Binding: Hardback, pp.(to be confirmed)
Planned Publication date: September 2022
ISBN (printed book): 978-1-80441-026-4
ISBN (web pdf): 978-1-80441-027-1
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