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What The Fcuk Is Money (And The Monetary System)?

To normal people nothing is more natural and nothing less unclear than money and a society based on money. When you take a look into the literature you quickly learn that money has never found much interest, especially in economics. However, there is surprisingly little consensus on what money is and where it comes from. Is money real or a fiction? Is there one money … What The Fcuk Is Money (And The Monetary System)? weiterlesen

What The Fcuk Is Value (And Its Politics)? Part I

An old question has recently been put on the agenda of academic and public thought again: the question of value that had occupied great minds from Aristotle to Smith and Marx long ago, before it got lost. Those who want to debate it again are heterodox economists who believe that answers to such questions make a difference in real-world politics. But what was that debate … What The Fcuk Is Value (And Its Politics)? Part I weiterlesen