La 4e de couverture indique : "No issue is more fundamental in contemporary macroeconomics than identifying the causes of the recent Great Recession. The standard view is that the banks were to blame because they took on too much risk, 'went bust' and had to be bailed out by gov…
Challenging the validity of much of mainstream monetary macroeconomics, this text argues that the money supply in modern economies is not under the control of banks, but is determined by borrower demand for bank credit. It then explores the implications of this on conventional m…
Montrant le rôle de l'hypertophie de l'économie financière dans la crise économique de 2008, l'anthropologue décrit comment l'argent est devenu durant la seconde moitié du XXe siècle la principale marchandise faisant l'objet d'un commerce. Il propose une réflexion sur la monnaie…