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Money by Geoffrey Ingham

Money

by Geoffrey Ingham
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Book cover type: Paperback
  • ISBN13: 9781509526826
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Polity Press
  • Publisher Imprint: Polity Press
  • Publication Date:
  • Pages: 180
  • Original Price: USD 19.95
  • Language: English
  • Edition: N/A
  • Item Weight: 218 grams
  • BISAC Subject(s): Public Policy / Economic Policy

Few economic phenomena provoke as much confusion as money. From the first measures of value and the physical coins that circulated at the dawn human civilization to the era of 'virtual' money transmitted through cyberspace, it is ubiquitous and hugely important, yet economists cannot even agree on what it is.

In this pithy, accessible book, Geoffrey Ingham cuts through this tangled web of debate to bring rare clarity. Ingham begins by examining the fundamental debate over the nature of money: is it fundamentally a natural, 'neutral' measure of pre-existing value produced by 'real' economic forces? Or is it a socially produced and politically manipulated force that creates new value? He proceeds to trace the import of these competing views for how we understand our contemporary monetary systems and their practical and policy-related implications, from their role in financial crises to proposals for reform.

Students of political economy, economic sociology and monetary economics will find this book an invaluable primer, as will general readers wishing to understand how money shapes their lives, from the cash in their pocket to the numbers on their computer screen.

Geoffrey Ingham is Emeritus Reader in Sociology and Political Economy at the University of Cambridge and Fellow of Christ's College

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