Skip to main content
SpringerLink
Log in

The Capitalistic Cost-Benefit Structure of Money

An Analysis of Money’s Structural Nonneutrality and its Effects on the Economy

  • Book
  • © 1989

Overview

Authors:
  1. Dieter Suhr

    1. University of Augsburg, Augsburg, Germany

    View author publications

    You can also search for this author in PubMed   Google Scholar

Part of the book series: Studies in Contemporary Economics (CONTEMPORARY)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (14 chapters)

  1. Front Matter

    Pages I-X
    Download chapter PDF

  2. Second-Best Capitalism

    1. The Actual Standard of Welfare in Capitalism

      • Dieter Suhr
      Pages 1-9

    2. Symptoms of Suboptimal Capitalism

      • Dieter Suhr
      Pages 10-17

    3. The Significance of Money

      • Dieter Suhr
      Pages 17-23

  3. Money’s Costs and Benefits

    1. The Transaction Cost Approach

      • Dieter Suhr
      Pages 24-35

    2. The Concept of Interest-Bearing Money

      • Dieter Suhr
      Pages 35-42

    3. The Equalization of Money’s Cost and Benefit

      • Dieter Suhr
      Pages 43-48

  4. The Production and Destruction of Monetary Liquidity

    1. Production Costs and Benefits of Monetary Liquidity

      • Dieter Suhr
      Pages 49-52

    2. Rewarding the Marplot in the Game of the Monetarized Economy

      • Dieter Suhr
      Pages 52-60

    3. Private Destruction and Reissue of Money

      • Dieter Suhr
      Pages 60-65

  5. Optimal Monetary Liquidity

    1. Neutral Money

      • Dieter Suhr
      Pages 66-83

    2. Predecessors

      • Dieter Suhr
      Pages 83-101

    3. The Monetary Welfare Optimum

      • Dieter Suhr
      Pages 102-109

  6. Establishing Neutral Money

    1. Cost-Bearing Money: An Historical Retrospective

      • Dieter Suhr
      Pages 110-116

    2. The Realization of Neutral Money

      • Dieter Suhr
      Pages 117-122

  7. Back Matter

    Pages 123-136
    Download chapter PDF
Back to top

Keywords

About this book

This study is concerned with the time-honored problem of the change that is induced when money enters into the economy. As far back as Aristotle (Politics, pp. 1135-1143) the still-unanswered question regarding the dichotomy of the real-exchange and the monetary economy was raised. He contrasted Oeconomic, where people strive to obtain real utilities (household management), to Chrematistic, where they use money to make more money (art of wealth-acquisition): The true wealth consists of such values in use; for the quantity of possession of this kind, capable of making life pleasant, is not unlimited. There is, however, a second mode of acquiring things, to which we may by preference and with correctness give the name of Chrematistic, and in this case there appear to be no limits to riches and pos­ sessions. Trade does not in its nature belong to Chrematistic, for here the exchange has reference only to what is necessary to themselves. ( . . . ) In the case of Chrematistic, circulation is the source of riches. And it appears to revolve about money, for money is the beginning and end of this kind of exchange. Therefore also riches, such as Chre­ matistic strives for, are unlimited. ( . . . ) Oeconomic, not Chrematistic, has a limit ( . . . ;) the object of the former is something different from money, of the latter the augmenta­ tion of money ( . . .

Authors and Affiliations

  • University of Augsburg, Augsburg, Germany

    Dieter Suhr

Bibliographic Information

  • Book Title: The Capitalistic Cost-Benefit Structure of Money

  • Book Subtitle: An Analysis of Money’s Structural Nonneutrality and its Effects on the Economy

  • Authors: Dieter Suhr

  • Series Title: Studies in Contemporary Economics

  • DOI: https://doi.org/10.1007/978-3-642-74758-8

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1989

  • Softcover ISBN: 978-3-540-51138-0Published: 10 May 1989

  • eBook ISBN: 978-3-642-74758-8Published: 06 December 2012

  • Series ISSN: 1431-8806

  • Edition Number: 1

  • Number of Pages: X, 136

  • Topics: Economics, general

Publish with us

Policies and ethics

Back to top

Search

Navigation