Abstract
In this Chapter we deal with neutral money in a very fundamental sense, namely, in the money’s structural neutrality, that is its neutral cost-benefit structure. However, this has not always been the central question of money’s neutrality, and I do not claim that it is the only relevant neutrality problem of the monetary system. Moreover, of course, money in general is not neutral at all in that it saves costs and makes the economy more efficient: the “qualitative” nonneutrality of money (Samuelson 1968, p. 3; see also Neumann, 1988, p. 62) and “qualitative dichotomy” (Schafer, 1988, pp. 9–10, 278).
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1989 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Suhr, D. (1989). Neutral Money. In: The Capitalistic Cost-Benefit Structure of Money. Studies in Contemporary Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-74758-8_10
Download citation
DOI: https://doi.org/10.1007/978-3-642-74758-8_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-51138-0
Online ISBN: 978-3-642-74758-8
eBook Packages: Springer Book Archive