Philosophy, Political Economy, Science
In the final part of this four part series, we tackle more important macroeconomic concepts focussing on the dynamics of the financial system. Furthermore, we venture into the debate between chartalism and metallism.
After introducing the basics of money, credit, and the origins of money, we now must understand how the payment system works. We then look into the financial system and the basics of the dynamics of finance.
After introducing the basics of money, credit, and the origins of money, we now must understand how the payment system works.
Money, a pillar of modern economies, is often overlooked by mainstream economics. The first part of this critical introduction, a prolegomena, lays out the myths, fundamentals, and history of money. The second part goes further into detail about the core concepts required to understand money.
Neopragmatist philosopher Richard Rorty advocated for postmodern scepticism. Does it, however, stand up to scrutiny?
