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Publisher:
Pickering & Chatto
Online publication date:
December 2014
Online ISBN:
9781781440506

Book description

Can money improve economic organization? Between 1909 and 1917, Gustavo Del Vecchio, an Italian economist, developed a ‘theory of circulation’. In a series of articles he set out his thoughts on the utility and value of money, credit, discount rates, banking and international payments. Tusset re-evaluates Del Vecchio’s theory, concluding that money represents a technology which organizes both economy and society.

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