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Endogenizing the Choice of a Monetary System<sup>1</sup>

Martin Shubik and Eric Smith

in The Guidance of an Enterprise Economy

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034630
eISBN:
9780262337540
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034630.003.0005
Subject:
Economics and Finance, Econometrics

In this chapter we introduce our first multi-timescale models of an economy. Longer timescales are associated with commitment to product specialization and to discounting and depreciation of durable ... More


Barley, Gold, or Fiat: Toward a Pure Theory of Money

Thomas Quint and Martin Shubik

Published in print:
2014
Published Online:
May 2014
ISBN:
9780300188158
eISBN:
9780300199222
Item type:
book
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300188158.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book is about using game theory to model money and financial institutions. Using the backdrop of a simple two-good economy with two continua of traders, we propose a strategic market game to ... More


Silver

Finn Brunton

in Paid: Tales of Dongles, Checks, and Other Money Stuff

Published in print:
2017
Published Online:
January 2018
ISBN:
9780262035750
eISBN:
9780262338332
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035750.003.0020
Subject:
Economics and Finance, Macro- and Monetary Economics

This article is a field report on PorcFest, a libertarian festival. The festival is part of the Free State Project, which seeks to build a libertarian voting bloc in New Hampshire. Porcfest is also a ... More


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