An Integrated Perspective on Money, Trust, and Banking
The analysis in this monograph provides a theoretical outline for an integrated theory of money and banking building upon the problem of trust in exchange. It was shown that this approach has the potential to explain a role for money and allows to integrate monetary analysis into the broader framework of contemporary banking theory. The basic question why money is used was demonstrated to have far-reaching consequences for the specific institutional structure how money is provided and managed such that a role for banks emerged in the search for efficient ways of dealing with the problem of lack of trust in exchange.
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