By Thomas M. Kostigen
An exploration of the that means and value of cash within the twenty first century, by way of "CBS MarketWatch" columnist Thomas Kostigen. utilizing candid interviews with well-liked financial, monetary and religious leaders, American households, felony inmates, welfare moms and lottery winners to demonstrate his observations, he investigates how funds is made, got and wanted in trendy society and seeks to spot its price past its advertisement and fiscal which means. With mental and fiscal perception, Kostigen ponders the questions on the vanguard of our awareness: the place does our urge for food for cash come from? How a lot is required for survival? How indispensable is it to id? Can it fairly purchase happiness? the writer strains money's that means via key monetary associations and innovations, in the course of the houses and workspaces of regular americans, and into the temples of some of the global religions. Interview applicants contain Yale economics professor Martin Shubik; Dee Hock, founding father of Visa; Nobel Prize-winning economist Joseph Stiglitz; developer Donald Trump; and Rabbi Burt Visotszky.
Read or Download What Money Really Means PDF
Similar money & monetary policy books
An exploration of the that means and importance of cash within the twenty first century, via "CBS MarketWatch" columnist Thomas Kostigen. utilizing candid interviews with trendy fiscal, monetary and non secular leaders, American households, felony inmates, welfare moms and lottery winners to demonstrate his observations, he investigates how cash is made, got and wanted in latest society and seeks to spot its worth past its advertisement and monetary which means.
Why used to be the ecu financial approach in 1992-93 swept via waves of disruptive speculative assaults? And what classes emerged from that episode as regards the way forward for the eu financial Union? This e-book presents a complete evaluate of the motives and implications of the 1992-93 challenge of the trade fee mechanism.
During this cutting edge and intensely functional ebook, Randall Wray argues that complete employment and cost balance usually are not the incompatible objectives that present fiscal concept and coverage suppose. certainly, he advances a coverage that might generate real, complete employment whereas at the same time making sure a fair larger measure of fee balance than has been completed within the Nineteen Nineties.
Extra resources for What Money Really Means
Smart keys are already being used for payTV subscriptions. Tags function like contactless smart cards but are in the form of a ring or even a baggage label. They are generally attached to objects such as gas bottles, cars, or animals and can hold and protect information concerning that object. ” “See, I’m being squelched,” says my Imagination. ” “Whenever I imagine something that comes true, it moves on over to become part of logic. ” “But you are still working now. ” “ . . ” — — W H AT M O N E Y R E A L LY M E A N S “If other people did the same.
Thinking is your gig. I imagine that truth will prevail. ” “Not so. What you are imagining is that the creative process will be hindered by the logic necessitated by computer processing. In this case, microprocessing. In this case, us. If we become the microprocessor, and interact with other microprocessors, only logic will prevail. Imagination, creativity, right brain activity will be reduced. ” “Exactly, there wouldn’t be room for, or reason for, me. The concept of ‘wouldn’t it be nice . . ’ will be completely erased.
Right. McCooey says he just looks someone in the eye when he accepts an offer or when someone accepts his—no papers are passed, nothing is signed. ” “Exactly. The exchange between two people is stored. ” “I get it. It’s simple. Valuing something on supply and demand is conveyed via money. It’s then exchanged and recorded. New values are set. Money breaks into new digits. ” “Please––let’s be adults. ” “Professor Shubik told us that. Give me some new ground. ” — — The Exc hage of Money Value “That’s what I’m here for—to give you new ideas.