Making Markets and Making Money: Strategy and Monetary Exchange Bernard C. Beaudreau

ISBN: 9780595667000

Published: August 24th 2004

Hardcover

204 pages


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Making Markets and Making Money: Strategy and Monetary Exchange  by  Bernard C. Beaudreau

Making Markets and Making Money: Strategy and Monetary Exchange by Bernard C. Beaudreau
August 24th 2004 | Hardcover | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 204 pages | ISBN: 9780595667000 | 6.19 Mb

First studied by Swiss economist Jean-Charles Leonard Sismonde de Sismondi in 1819, Making Markets and Making Money: Strategy and Monetary Exchange examines the strategic aspects of monetary exchange--specifically, of making markets. EconomistMoreFirst studied by Swiss economist Jean-Charles Leonard Sismonde de Sismondi in 1819, Making Markets and Making Money: Strategy and Monetary Exchange examines the strategic aspects of monetary exchange--specifically, of making markets.

Economist Bernard C. Beaudreau, author of Mass Production, the Stock Market Crash, and The Great Depression: The Macroeconomics of Electrification, examines the strategic aspects of making markets using basic game theory. Drawing from the archaeological and historical records, Beaudreau documents the prevalence of coordination failures in trade in general, and monetary exchange in particular. He argues, convincingly, that the ability to execute trades (make markets) has been, is, and will continue to be a more important economic problem that scarcity itself.



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