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"Few economic phenomena provoke as much confusion as money. In this accessible book, Geoffrey Ingham cuts through this tangled web of debate to examine the fundamental debate over the nature of money and trace the import of these competing views for how we understand our contemporary monetary systems"--
Now with a substantial new postscript on the financial crisis This book provides a basic introduction to the 'nuts and bolts' of capitalism. It starts by examining the classic accounts of capitalism found in the works of Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, and John Maynard Keynes.
In this important new book, Geoffrey Ingham draws on neglected traditions in the social sciences to develop a theory of the 'social relation' of money.
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