Advertisement

Money pp 248-262 | Cite as

Money in Economic Activity

  • D. Foley
Part of the The New Palgrave book series (NPA)

Abstract

Money is a social relation. Like the meaning of a word, or the proper form of a ritual, it exists as part of a system of behaviour shared by a group of people. Though it is the joint creation of a whole society, money is external to any particular individual, a reality as unyielding to an individual’s will as any natural phenomenon.

Keywords

Economic Activity Monetary Policy Central Bank Commodity Production Monetary Theory 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Bibliography

  1. Arrow, K.J. and Hahn, F. 1971. General Competitive Analysis. San Francisco: Holden-Day.Google Scholar
  2. Fisher, I. 1911. The Purchasing Power of Money. New York: Macmillan.Google Scholar
  3. Friedman, M. (ed.) 1956. Studies in the Quantity Theory of Money. Chicago: Chicago University Press.Google Scholar
  4. Hume, D. 1752. Writings on Economics. Ed. E. Rotwein, Madison: University of Wisconsin Press, 1955.Google Scholar
  5. Kalecki, M. 1971. Selected Essays on the Dynamics of the Capitalist Economy. Cambridge: Cambridge University Press.Google Scholar
  6. Keynes, J.M. 1936. The General Theory of Employment, Interest, and Money. London: Macmillan; New York: Harcourt, Brace.Google Scholar
  7. Lucas, R.E. 1981. Studies in Business Cycle Theory. Cambridge, Mass.: MIT Press.Google Scholar
  8. Marx, K. 1867. Capital, Vol. I. Ed. F. Engels, New York: International, 1967.Google Scholar
  9. Minsky, H. 1982. Can ‘It Happen Again? Armonk: Sharpe.Google Scholar
  10. Mundell, R. 1971. Monetary Theory. Pacific Palisades: Goodyear.Google Scholar
  11. Patinkin, D. 1965. Money, Interest and Prices. 2nd edn, New York: Harper & Row.Google Scholar
  12. Ricardo, D. 1811. The Works and Correspondence of David Ricardo. Vol. III, Pamphlets and Papers 1809–1811. Ed. P. Sraffa, Cambridge: Cambridge University Press, 1951; New York: Cambridge University Press, 1973.Google Scholar
  13. Smith, A. 1776. An Inquiry into the Nature and Causes of the Wealth of Nations. Ed. E. Cannan, London: Methuen, 1961; New York: Modern Library, 1937.Google Scholar
  14. Tobin, J. 1982. Essays on Economics: Theory and Policy. Cambridge, Mass.: MIT Press.Google Scholar

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1989

Authors and Affiliations

  • D. Foley

There are no affiliations available

Personalised recommendations