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Macroeconomics in Ecological Context
Money is an essentially social phenomenon. In its details it is uniquely human, but it is enmeshed with the economy’s physical processes and in its functioning it bears a limited resemblance to mechanisms of social coordination that exist in other species. We begin with examples from those other species, covering both production for current use and behaviors that are functionally forms of investment. We then sketch different forms of coordination structures that humans use, leading to the coordinating role of money. The consideration of investment leads to the role of credit and its relationship to money.
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- Titel
- A Natural History of Money
- DOI
- https://doi.org/10.1007/978-3-319-51757-5_8
- Autor:
-
Karl Seeley
- Sequenznummer
- 8
- Kapitelnummer
- Chapter 8