Money and Government
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the ''invisible hand'' of the market. In contrast, the view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any ma...
The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the ''invisible hand'' of the market. In contrast, the view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any ma...
