Download Free Money, Coordination, and Prices Book PDF
Download Money, Coordination, and Prices Book PDF
ByS. G. van der Lecq
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18
I find television very educating. Every time somebody turns on the set, I go into the other room and read a book.
Synopsis
This study presents a view of the economy, and how to model it, in which the current |ideal| of isolated agents coordinated by clearing markets is replaced by an open system in which money, trust, conventions and institutions all play their part in the system's coordination.
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