Ownership Economics is popular PDF and ePub book, written by Gunnar Heinsohn in 2013-04-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Ownership Economics can be Read Online from any device for your convenience.
Ownership Economics Book PDF Summary
This book presents the first full-length explanation in English of Heinsohn and Steiger's groundbreaking theory of money and interest, which emphasizes the role played by private property rights. Ownership economics gives an alternative explanation of money and interest, proposing that operations enabled by property lead to interest and money, rather than exchange of goods. Like any other approach, it has to answer economic theory's core question: what is the loss that has to be compensated by interest? Ownership economics accepts neither a temporary loss of goods, as in neoclassical economics, nor Keynes's temporary loss of already existing, exogenous money as the cause of interest. Rather, money is created as a non-physical title to property in a credit contract secured by a debtor's collateral and the creditor's net worth. This book is an edited English translation of a highly successful German text, and offers the first book-length treatment of a theory which has received much interest since its first appearance in articles in the late 1970s.
Detail Book of Ownership Economics PDF
- Author : Gunnar Heinsohn
- Release : 02 April 2013
- Publisher : Routledge
- ISBN : 9781135131890
- Genre : Business & Economics
- Total Page : 226 pages
- Language : English
- PDF File Size : 20,6 Mb
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