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The Ontology and Function of Money

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The Ontology and Function of Money Synopsis

The central thesis of the book is that in order to evaluate monetary policy, one should have a clear idea about the characteristics and functions of money as it evolved and in its current form. That is to say that without an understanding about how money evolved as a social institution, what it is today, and what is possible to know about monetary phenomena, it is not possible to develop a meaningful ethics for money; or, to put it differently, to find what kind of institutional arrangements may be deemed good money for the kind of society we are in. And without that, one faces severe limitations in offering a normative position about monetary policy. The project is, consequently, an interdisciplinary one. Its main thread is an inquiry of moral philosophy and its foundations, as applied to money, in order to create tools to evaluate public policy in regard to money, banking, and public finance; and the views of different schools on those topics are discussed. The book is organized in parts on metaphysics, epistemology, ethics and politics of money to facilitate the presentation of all the subjects discussed to an educated readership (and not necessarily just one with a background in economics).

About This Edition

ISBN: 9780739195130
Publication date: 17th July 2017
Author: Leonidas Zelmanovitz
Publisher: Lexington Books
Format: Paperback
Pagination: 488 pages
Series: Capitalist Thought: Studies in Philosophy, Politics, and Economics
Genres: Monetary economics
Economic theory and philosophy
Finance and the finance industry
Philosophy