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Money

Lectures on the Basis of General Equilibrium Theory and the Economics of Institutions

  • Textbook
  • © 1989

Overview

Authors:
  1. Rudolf Richter

    1. Department of Economics, Universität des Saarlandes, Germany

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Table of contents (8 chapters)

  1. Front Matter

    Pages I-XVI
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  2. Theoretical Foundations: An Elementary Overview

    1. Front Matter

      Pages 1-1
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    2. General Equilibrium Theory: An Outline

      • Rudolf Richter
      Pages 3-29

    3. Capital Theory

      • Rudolf Richter
      Pages 31-64

    4. The Economics of Institutions

      • Rudolf Richter
      Pages 65-96

  3. Monetary Theory

    1. Front Matter

      Pages 97-97
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    2. The Nature of Money

      • Rudolf Richter
      Pages 99-135

    3. An Abstract Book-Money Economy

      • Rudolf Richter
      Pages 137-185

    4. The Quantity of Money and the Prices of Goods

      • Rudolf Richter
      Pages 187-232

    5. Safeguarding the Value of Money: Some Basic Institutional Solutions

      • Rudolf Richter
      Pages 233-293

    6. Money and Banks

      • Rudolf Richter
      Pages 295-354

  4. Back Matter

    Pages 355-399
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Keywords

About this book

The central idea of this book is the concept of a currency order. Monetary theory is developed as a theory of currency orders. The book expands the neoclassical theory of currency orders. This new way of looking at the problems permits a general view of the subject matter of monetary theory and policy which so far does not exist. The concept of transaction costs is used throughout. The book deals not only with the theories of the demand for and the supply of money, the banking firm, and the purchasing power of money. It also presents a theoretically based discussion of the great topics of monetary policy of our time: fixed vs. flexible exchange rates, gold vs. paper, rules vs. authority for the central banks, governmental currency monopoly vs. competition of private currencies, regulation vs. deregulation of commercial banks. The book is suitable as a text for students with a knowledge of money and banking and intermediate microeconomics. It offers a consistent and well-written presentation of the subject matter, as well as an extensive list of further readings.

Authors and Affiliations

  • Department of Economics, Universität des Saarlandes, Germany

    Rudolf Richter

Bibliographic Information

  • Book Title: Money

  • Book Subtitle: Lectures on the Basis of General Equilibrium Theory and the Economics of Institutions

  • Authors: Rudolf Richter

  • DOI: https://doi.org/10.1007/978-3-642-74037-4

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin · Heidelberg 1989

  • Softcover ISBN: 978-3-642-74039-8Published: 10 December 2011

  • eBook ISBN: 978-3-642-74037-4Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XVI, 399

  • Topics: Economics, general

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