The Institution of Money: An Introduction

Gordon A. Fletcher
Additional contact information
Gordon A. Fletcher: The University of Liverpool

Chapter 1 in The Keynesian Revolution and its Critics, 1987, pp 3-10 from Palgrave Macmillan

Abstract: Abstract By examining the reasons for the introduction of money into a non-money-using or ‘barter’ economy, we shall come to appreciate the nature of money, the functions it performs and the economic significance of its use. This exercise will also provide the necessary background for an examination of the characteristics of a monetary economy and a starting-point for subsequent discussion of the Keynesian Revolution and the attacks made upon it by its principal critics. Ultimately it will provide the basis for an understanding of money’s role in a broader social and political context.

Keywords: Monetary Economy; Legal Tender; Double Coincidence; Monetary Exchange; Fiat Money (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-08736-5_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349087365

DOI: 10.1007/978-1-349-08736-5_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().