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The elusive sovereign -- Paper money and the problem of circulation in the colonial era -- John Wise and the natural law of commerce -- William Douglass and the natural history of credit -- Commercial banking and the problem of representation in the Jacksonian era -- William Leggett and the melodrama of the market -- Nicholas Biddle and the beauty of banking -- Big business and the problem of association in the Gilded Age and progressive era -- Charles Macune and the currency of cooperation -- Charles Conant and the fund of trust -- Conclusion: the magician's glass
The elusive sovereign -- Paper money and the problem of circulation in the colonial era -- John Wise and the natural law of commerce -- William Douglass and the
What should serve as money, who should control its creation and circulation, and according to what rules? For more than two hundred years, the “money question
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, curr
