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Money : Understandings and Misunderstandings

Money : Understandings and Misunderstandings Hard cover - 2020

by Mohammad Ashraf

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This book clarifies some misunderstandings about money by tying the concept of money to the goods and services sector of the economy. In addition, it demystifies the process of money creation on the part of central banks.

The phenomenon of money is ubiquitous; it has been around for tens of thousands of years, if not longer. Indeed, no modern economy could function without money. For many, however, the concept of money remains elusive. Worse still, misinformation abounds, which leaves the uninitiated vulnerable to fraud. This lack of understanding has serious policy implications as well. When policymakers lack a firm grasp of the concept, policy is likely to be flawed and its effects are likely to be detrimental to the body politic.

After providing a brief history of money, the author details the role of money in the division of labor and specialization, in economic growth, and in an interconnected world. Throughout the book, he points out thepitfalls of fallacious thinking. In recent policy debates, such thinking has led to proposals ranging from the re-institution of the gold standard to supplying limitless money as suggested by Modern Monetary Theory.
Mohammad Ashraf is Professor of Economics at the University of North Carolina at Pembroke, USA, where he has taught economics and statistics courses since 1999. His research interests include macroeconomics and monetary economics, economic growth and development, and gender discrimination in the labor market. He is the author of Formal and Informal Social Safety Nets: Growth and Development in the Modern Economy (Palgrave Macmillan, 2014) and numerous research articles that have appeared in scholarly journals including Contemporary Economics Policy, Annals of Economics and Finance, Applied Economic Letters, Journal of Economics (MVEA), Journal of Economic Insight, and Journal of Education for Business.

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About the author

Mohammad Ashraf is Professor of Economics at the University of North Carolina at Pembroke, USA, where he has taught economics and statistics courses since 1999. His research interests include macroeconomics and monetary economics, economic growth and development, and gender discrimination in the labor market. He is the author of Formal and Informal Social Safety Nets: Growth and Development in the Modern Economy (Palgrave Macmillan, 2014) and numerous research articles that have appeared in scholarly journals including Contemporary Economics Policy, Annals of Economics and Finance, Applied Economic Letters, Journal of Economics (MVEA), Journal of Economic Insight, and Journal of Education for Business.

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Money: Understandings and Misunderstandings
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Money: Understandings and Misunderstandings

by Ashraf, Mohammad

  • New
  • Hardcover
Condition
New
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Hardcover
ISBN 10 / ISBN 13
9783030503772 / 3030503771
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2
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Exeter, Devon, United Kingdom
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Palgrave Macmillan, 2020. Hardcover. New. 280 pages. 8.50x6.00x0.75 inches.
Item Price
NZ$259.57
NZ$21.06 shipping to USA
Money: Understandings and Misunderstandings
Stock Photo: Cover May Be Different

Money: Understandings and Misunderstandings

by Ashraf, Mohammad

  • Used
  • Good
  • Hardcover
Condition
Used - Good
Binding
Hardcover
ISBN 10 / ISBN 13
9783030503772 / 3030503771
Quantity Available
1
Seller
Newport Coast, California, United States
Seller rating:
This seller has earned a 5 of 5 Stars rating from Biblio customers.
Item Price
NZ$271.41
FREE shipping to USA

Show Details

Description:
hardcover. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.
Item Price
NZ$271.41
FREE shipping to USA