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Index
Orientation by Fritz Karl Mann.. xi
Epistemological and methodological goals. xii
The Money Circular Flow and the Economic Settlement Process. xviii
The Dialectic of Money.. xxiii
About the Provenance of the Manuscript. xxx
Introduction to the English edition.. xxxiii
Notes on the Translation.. xxxix
Chapter I Introduction.. 1
Monetary Policy in Context. 1
The Limits of Monetary Policy.. 4
The Three Currency Ideals. 7
Deflation.. 7
Inflation.. 8
Stability.. 9
Chapter II
Regarding the Sociology of Money.. 13
How to Theorize About Money.. 13
Historical Versus Logical Priority.. 17
Exploring the History of Money.. 19
Chapter III
Outline of the Development of the Doctrine of Money.. 41
Monetary Theory in the Ancient World.. 42
Monetary Theory in the Medieval Period.. 44
Monetary Theory in the Early Modern Period.. 48
Mercantilism and Monetary Theory.. 59
Monetary Theory in the Modern Age. 65
Ricardo’s Achievement. 65
The Contemporary State of Affairs. 78
Germany and the Influence of Knapp.. 86
Chapter IV
The Economic Account in the Socialist Commonwealth.. 91
A Simple Model 95
Adding Consumer Goods to the Mix.. 98
Adding Cost Factors to the Mix.. 102
The Problem of Capital Accounting.. 105
The Common Denominator of Capitalism and Socialism.... 109
Chapter V
The Capitalist Economic Process. 113
The Circular Flow... 114
The Production Process in the Circular Flow... 117
Stretching the Boundaries of the Model 121
Development as the Driving Force of Business Cycles. 124
External Disturbances. 127
Chapter VI
The Vehicles of the Social Accounting Process: The Household and the Firm 131
The Economy-Wide Ledger. 131
The Current Account as the Basic Concept of Monetary Doctrine. 132
The Household as Alpha and Omega of the Economic Process. 135
Household income. 137
Household expenses. 141
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