Money as Sovereign Ledger

Moritani Genta

World Economics, 2026, vol. 27, issue 2, 109-122

Abstract: Money is a ledger entry: a socially authoritative record of rights and obligations rather than a neutral medium. Sovereign power is embedded in ledger governance, encompassing issuance, enforcement, and boundary maintenance. Taxation and public spending are operations that sustain ledger coherence, not merely revenue mechanisms. The framework integrates international, coercive, and digital monetary dynamics through the lens of multi-ledger interactions. Reframing money as ledger entry opens analytical space for innovative, sustainable, and inclusive approaches to monetary policy.

Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.world-economics-journal.com/Papers/Details.aspx?ID=977 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:977

Access Statistics for this article

More articles in World Economics from World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE
Bibliographic data for series maintained by Ed Jones ().