October 2023
Intermediate to advanced
220 pages
8h 55m
English
Content preview from Money Has No Value
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Chapter One How to Do the Theory of Money
1 A Note on Method
Any serious study of money must combine the historical and the theoretical, and sooner or later this simple fact forces the student of money to confront complex questions about the theory of history and the history of theory. In other words, the study of money inevitably raises thorny epistemological, ontological, and historiographical issues that many would reasonably wish to eschew, but which remain unavoidable so long as one refuses to settle for oversimplified accounts that would explain money based on its functions. Such accounts prove reductive and unhelpful, regardless of whether they take the shape of a crude empiricism that defines money by deducing its nature from the ...
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