Below are links to my posts on the nature, origin and history of money.
(1) Bibliography on Money
“Bibliography on the Origins of Money,” January 19, 2012.
“Endogenous Money: A Bibliography,” April 5, 2012.
”My Posts on the Origin of Money,” November 1, 2012.
This has a good overview of the debate on the origin of money.
(2) Nature of Money
“Money is not a Neutral Veil,” June 30, 2010.
“The Utility of Money in Post Keynesianism,” June 30, 2010.
“Money as Debt,” December 26, 2011.
“Money: Is it Wealth?,” October 12, 2010.
“Keynes on the Special Properties of Money,” May 8, 2011.
“F. H. Hahn in a Candid Moment on Neo-Walrasian Equilibrium,” January 29, 2011.
“More on the Gross Substitution Axiom,” July 28, 2011.
“Gold as Commodity Money and its Elasticity of Production,” November 18, 2011.
“The Monetary Production Economy and Fiduciary Media,” December 11, 2011.
(3) On Endogenous Money
“Keen versus Krugman: The Great Debate!,” April 4, 2012.
“Endogenous Money: A Bibliography,” April 5, 2012.
“Endogenous Money 101,” April 20, 2013.
“Rochon and Rossi on the History of Endogenous Money,” May 4, 2013.
“Endogenous Money under the Gold Standard,” May 19, 2013.
“Some Empirical Evidence on Endogenous Money,” May 27, 2013.
“Empirical Evidence on Endogenous Money,” August 10, 2013.
(4) Against the Quantity Theory of Money
“The Quantity Theory of Money: A Critique,” July 18, 2010.
“The Quantity Theory of Money is Wrong,” August 7, 2013.
(5) Origin and History of Money
“The Origin of Coinage in Ancient Greece,” April 29, 2011.
“David Graeber’s Response to Robert Murphy,” September 9, 2011.
“Menger on the Origin of Money,” January 5, 2012.
“The Origins of Money,” January 8, 2012.
“Mises on the Origin of Money,” January 12, 2012.
“Alla Semenova on the Origins of Money,” January 15, 2012.
“Bibliography on the Origins of Money,” January 19, 2012.
“David Graeber on the Origins of Money,” January 23, 2012.
“David Graeber versus Robert Murphy: A Review,” January 24, 2012.
“David Graeber on Debt and Money, Part 2,” February 9, 2012.
“Quiggin on the Origin of Money,” February 10, 2012.
“Money as a Unit of Account and its Origins,” February 11, 2012.
“Observations on Non-Commercial Money,” February 18, 2012.
“Philip Grierson on the Origin of Money,” March 21, 2012.
“A Note on Menger on the Nature and Origin of Money,” July 28, 2012.
“Alfred Mitchell Innes on the Credit Theory of Money,” March 24, 2012.
“More on Goldsmiths’ Notes and the Act of 1704,” May 13, 2012.
“The Origin of Money in the Digest of Justinian,” August 21, 2012.
“Debate on the Origin of Money,” August 25, 2012.
”My Posts on the Origin of Money,” November 1, 2012.
This has a good overview of the debate on the origin of money.
“Menger’s Nuanced View on the Origin of Money,” November 6, 2012.
“The Origin of Money and Coinage in Western Civilisation: The Case of Ancient Greece,” April 5, 2013.
My most detailed and recent post on this subject.
“Early Fiat Money in China,” August 8, 2013.
(6) On Bitcoin
“Bitcoin is no Great Mystery,” April 6, 2013.
(7) Talks and Lectures on Money
“Steve Keen on the History of Money,” January 30, 2012.
“Steve Keen on Endogenous Money,” June 18, 2012.
“Steve Keen on the Myth of the Money Multiplier,” October 24, 2012.
“Victoria Chick on Money,” August 26, 2013.
“Randall Wray on Money and ‘Rethinking the State,’” November 2, 2013.
“Steve Keen on Behavioral Finance, Lecture 8: Modeling Endogenous Money,” October 14, 2011.
(8) Against the Austrian Theory of Money
“Austrian Measures of the Money Supply,” March 5, 2011.
“Hayek and the Myth of Neutral Money,” June 23, 2011.
“David Graeber’s Response to Robert Murphy,” September 9, 2011.
“Rothbard on the Bill of Exchange,” December 11, 2011.
“Menger on the Origin of Money,” January 5, 2012.
“Mises on the Origin of Money,” January 12, 2012.
“David Graeber on the Origins of Money,” January 23, 2012.
“David Graeber versus Robert Murphy: A Review,” January 24, 2012.
“Money as a Unit of Account and its Origins,” February 11, 2012.
“Hayek Grasps Endogenous Money,” March 16, 2012.
“‘Funny Money’: A Loaded Phrase,” May 12, 2012.
“Wieser Advocated Fiat Money,” May 25, 2013.
Two books you might want to think about having on this list. The first is by Dow/Savile (two former Bank of Nngland economists) "A critique of monetary policy". Written in the early 80s, partly as a response to the wave of enthusiasm for monetary targets. Not widely known, but an excellent book on how the banking system "really" functions, and how the money stock in practice gets determined. One of the most instructive and persuasive accounts of endogenous money I have read. The second is Bindseil's "Implementation of monetary policy". More modern (post 2000), and more technical. Written by an ECB economist, but very good on how monetary policy is actually implemented in practice (what different instruments can be used, how they work, and so on).
ReplyDeleteThanks for the suggestions.
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