This book presents a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why it may provide an effective way out from the predicament that state managed fiat money holds for the stability of Western-type democracies and the international financial system.
This book presents a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why it may provide an effective way out from the predicament that state managed fiat money holds for the stability of Western-type democracies and the international financial system.
George C. Bitros is Professor of Political Economy, Emeritus, Athens University of Economics and Business. Emmanouil M.L. Economou is Adjunct Lecturer at the Department of Economics, University of Thessaly. Nicholas C. Kyriazis is Professor at the Department of Economics, University of Thessaly.
Inhaltsangabe
1. Introduction 2. Money-related institutions in classical Athens 3. The system and the tenets of public finance 4. Main currency-related policies 5. Structure and evolution of the economy 6. Money in a market economy without a central bank 7. An assessment of comparative performance 8. Alternatives to established central banking 9. Why look back and how to direct democracy
1. Introduction 2. Money-related institutions in classical Athens 3. The system and the tenets of public finance 4. Main currency-related policies 5. Structure and evolution of the economy 6. Money in a market economy without a central bank 7. An assessment of comparative performance 8. Alternatives to established central banking 9. Why look back and how to direct democracy
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