Tags Money

Tag: Money

Maturity of the Society: Reserve and Risk Currencies

In today’s world, money has no “inherent” value—that is, it has no useful properties other than absolute liquidity, which enables people to obtain anything...

Money as a Social Institution

Before we set upon analyzing the financial system, we first need to define its place in public life as a whole. The financial system determines...

Why Money Matters

  Chapter 17 of John Maynard Keynes’s General Theory of Employment, Interest and Money: “Unemployment develops, that is to say, because people want the moon;–men cannot...
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