Title: « Monnaie privée et pouvoir des princes » : Éléments pour une discussion
Abstract: Four contributions are presented to the debate around this book. Bernard Courbis discusses the private mintage of the merchant-bankers, advocated in the book, from the point of view of the two functions of money. The function of account leads to underline the specifically monetary role of the unit of account of the Prince (nominalism). The function of payment allows to show that the bill of exchange is more an instrument of credit than a means of payment. Daniel Diatkine asks a question about the merchant-banker's systematic enrichment. Must it be attributed to the fact that the merchant-banker had an access to general equivalent or to the fact that he had access to the liquidity par excellence ? According to Eric Froment, the right understanding of modern money needs to give more developments to the phenomenon of credit and less to the one of change. Marie-Thérèse Boyer-Xambeu, Ghislain Deleplace and Lucien Gillard analyse the criticisms and suggestions made in the three papers above and in the other comments yet published ; they try to make more precise some facts presented and concepts used in the book, in the light of their paper Towards a typology of monetary regimes published in this issue of the Cahiers.
Publication Year: 1990
Publication Date: 1990-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 3
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