This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights.
Ownership economics gives an alternative explanation of money and interest, proposing that operations enabled by property lead to interest and money, rather than exchange of goods. Like any other approach, it has to answer economic theory's core question: what is the loss that has to be compensated by interest?
Ownership economics accepts neither a temporary loss of goods, as in neoclassical economics, nor Keynes's temporary loss of already existing, exogenous money as the cause of interest. Rather, money is created as a non-physical title to property in a credit contract secured by a debtor's collateral and the creditor's net worth.
This book is an edited English translation of a highly successful German text, and offers the first book-length treatment of a theory which has received much interest since its first appearance in articles in the late 1970s.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
Gunnar Heinsohn is Professor Emeritus at the University of Bremen, Germany.
Otto Steiger, who passed away in 2008, was a Professor at the University of Bremen, Germany.
Frank Decker is an economist based in Sydney, Australia.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
Spese di spedizione:
EUR 5,27
Da: Regno Unito a: U.S.A.
Descrizione libro paperback. Condizione: New. Language: ENG. Codice articolo 9781138241282
Descrizione libro Paperback / softback. Condizione: New. New copy - Usually dispatched within 4 working days. Codice articolo B9781138241282
Descrizione libro Condizione: New. Book is in NEW condition. Codice articolo 1138241288-2-1
Descrizione libro Condizione: New. New! This book is in the same immaculate condition as when it was published. Codice articolo 353-1138241288-new
Descrizione libro Paperback. Condizione: Brand New. reprint edition. 224 pages. 9.21x6.14x0.32 inches. In Stock. Codice articolo __1138241288
Descrizione libro Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Gunnar Heinsohn is Professor Emeritus at the University of Bremen, Germany.Otto Steiger, who passed away in 2008, was a Professor at the University of Bremen, Germany.Frank Decker is an eco. Codice articolo 595386179