Does the study of Kondratieff Cycles help us to know more about the social nature of money?

Philippe Jourdon

Entelequia. Revista Interdisciplinar, 2008, issue 6, 95-122

Abstract: Money was, until Keynes and Friedman, the great absence in economic literature. After them, relations between money and long economic cycles have been in their turn absent in debate. Perhaps this conform an explanation for logical and chronological relations between business cycles and long cycles been scarcely explored. Notwithstanding, is in those three directions where a new monetary theory should be researched for. This ought to be a more dynamic one. Thus, economic theory would root to anthropology, showing floating relationship between theories, from former cycle theories to most recent monetary and long cycle ones. Yet we can propose as economic models Porter's diamond, applied to money, and Money Value Chain. The aim is to reflect on a "social dimension of money" rather than of monetary policy, evoking the rhythms followed by that perception and the means for managing it, along the long cycle.

Keywords: Money; Monetary Policy; Kondratieff cycles; social nature of money (search for similar items in EconPapers)
JEL-codes: D49 E39 M29 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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