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E-book Quest for Money

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Penilaian

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The purpose of this chapter is to identify remaining research interests in money in the age of digitalization and put my past research topics in perspective. I have no intention to conduct a comprehensive review of the history of money,1 nor to search for the origin of money. n my research, I started the choice of optimal currency denomination in 1996. Until then, I had no idea how the currency denomination was determined on what conditions. I was inspired by Telser (1995). I thought about the shortage of small change issues in developing countries in general and in Iraq in particular. It is easy to imagine how difficult it is to price goods and services when a proper set of currency denominations is not available. These research results were eventually realized in the new issuance of the 2000 yen note in the year 2000. I was very pleased to see my first research contribution to the Japanese economy. Because of the tradition of Marxist economics education in Japan, many Japanese economists once learned the commodity theory of money. Many of them contributed in the literature. But I felt somewhat uncomfortable with this theory and found the credit theory of money more convincing. The recent anthropological discoveries seem to support the credit theory of money. I then investigated Kant’s view of money. Kant was the most important philosopher since Aristotle. Aristotle introduced the commodity theory of money and Thomas Aquinas, Adam Smith, Karl Marx, and Carl Menger, among others, follow this theory. I was curious how Kant thought about the origin and function of money. I had not read Kant’s view of money before, so I decided to introduce Kant’s writing in this chapter.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

339 KIT q

Penerbit

Singapore : Springer Nature., 2022

Deskripsi Fisik

159 hlm

Bahasa

English

ISBN/ISSN

9789811955914

Klasifikasi

339

Tipe Isi

text

Tipe Media

computer

Tipe Pembawa

online resource

Edisi

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Subjek

Macroeconomics and Related Topics

Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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