THE KEY TO VALUE: THE DEBATE OVER COMMENSURABILITY IN NEOCLASSICAL AND CREDIT APPROACHES TO MONEY.
The article discusses the neoclassical model of approaching money as a measure of comparison and a process of expressing preferences. Topics covered include the characters of commensurability, value, and credit in money, and the incongruity of money in neoclassical thought and its recurring characte...
| Publicado en: | Law & Contemporary Problems Vol. 83; no. 2; pp. 1 - 23 |
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| Autor principal: | |
| Formato: | Artículo |
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Duke University
2020
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article discusses the neoclassical model of approaching money as a measure of comparison and a process of expressing preferences. Topics covered include the characters of commensurability, value, and credit in money, and the incongruity of money in neoclassical thought and its recurring character in political communities. Also noted is the Walrasian model in which the unit of account precedes rather than follows the act of comparison. |
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