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The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.
Keynes proposes two theories of liquidity preference (i.e. the demand for money): the first as a theory of interest in Chapter 13 and the second as a correction in Chapter 15. His arguments offer ample scope for criticism, but his final conclusion is that liquidity preference is a function mainly of income and the interest rate.
Chapter 8 offers an original analysis of the psychology of work. Chapters 9 and 10 analyse money, finance, and economic inequality. Chapter 11 is devoted to the social and economic role of women. Chapter 12 depicts government and the military. Chapter 13 discusses the problem of races, rejecting segregation, racism, and eugenics.
A recent trend in some monetary systems as inflation gradually reduces the value of money is to eliminate the smallest denomination coin (typically 0.01 of the local currency). The total cost of purchased items is then rounded up or down to, for example, the nearest 0.05. This may have an effect on future just-below pricing, especially at small ...
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (2009) is a book by economists George Akerlof and Robert Shiller written to promote the understanding of the role played by emotions in influencing economic decision making. According to the authors, economists have tended to de-emphasize the ...
A Treatise on Money is a two-volume book by English economist John Maynard Keynes published in 1930. Summary of the Work ... 34 (34): 387– 397. doi ...
Money-Kyrle was born in Hertfordshire in 1898. He was the fourth child and only son surviving childhood of Audley and Florence Money-Kyrle. Sent to boarding school aged 10 and graduating from Eton aged 18, he immediately enlisted in the Royal Flying Corps during the First World War. He was shot down once in Northern France.
The Ascent of Money: A Financial History of the World is a 2008 book by then-Harvard professor Niall Ferguson, [1] and an adapted television documentary for Channel 4 (UK) and PBS (US), [2] which in 2009 won an International Emmy Award. It examines the long history of money, credit, and banking.