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La coordination en économie : un essai sur la monnaie


  • Faruk Ulgen

    () (Centre de recherche en économie de Grenoble - CREG - Centre de recherche en économie de Grenoble - UPMF - Université Pierre Mendès France - Grenoble 2 - UGA - Université Grenoble Alpes)


This article deals with the role and the place of the money in the process of coordination in a decentralized market economy. The equilibrium models assume that the coordination is carried out through market mechanisms. These mechanisms are mainly real and individual mechanisms but they seem to be unable to integrate money into the theoretical construction. We opt then for a noticeably different method by taking the money as the departure point of the economic analysis and we try to understand economic phenomena through the monetary prism. We show why and how a monetary approach could be envisaged as a coherent and plausible alternative theory of a market economy. This conceptual orientation brings to the fore the issues of monetary ambivalence and of permanent conflict between private/decentralized actions and the systematic viability.

Suggested Citation

  • Faruk Ulgen, 2011. "La coordination en économie : un essai sur la monnaie," Working Papers halshs-00669708, HAL.
  • Handle: RePEc:hal:wpaper:halshs-00669708
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    References listed on IDEAS

    1. Jean Cartelier, 2001. "Monnaie, mémoire et spécialisation : une interprétation alternative," Revue d'économie politique, Dalloz, vol. 111(3), pages 423-437.
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    More about this item


    viability; Market economy; money; viabilité; monnaie; coordination; Economie de marché;

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • P10 - Economic Systems - - Capitalist Systems - - - General

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