Coordination in economy : an essay on money
This chapter studies the role played by money in the coordination process in a decentralized market economy. The first section recalls the centrality of coordination in economic theory but also, briefly, a few of the difficulties encountered in usual models when they try to integrate money. The second section shows why and how a monetary approach is a consistent and plausible alternative theory to ansmer the aforementioned questions. The third section defines a few guidelines on the problem of viability. With this in mind, questions of monetary ambivalence and permanent conflict between means of private existence and systemic viabiity appear as a consistent research direction.
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|Date of creation:||2013|
|Publication status:||Published in Ülgen, F. ed., Méaulle, M. collab., Stellian, R. collab., Tortajada, R. collab. New contributions to monetary analysis, Routledge, pp.172-187, 2013|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00847342|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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