Making Markets and Making Money: Strategy and Monetary Exchange (Paperback) (ISBN-13: 9780595328796)

First studied by Swiss economist Jean-Charles L onard 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.

Author: Bernard C. Beaudreau
ISBN-10: 0595328792
ISBN-13: 9780595328796
Publisher: iUniverse
Language: English
Published: 08/24/2004
Pages: 204
Format: Paperback
Weight: 0.67lbs
Size: 9.00h x 6.00w x 0.47d