Noneconomic philosophies of money: A cause of international debt problems

Noneconomic philosophies of money: A cause of international debt problems

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Article ID: iaor19901058
Country: United States
Volume: 38
Issue: 1
Start Page Number: 97
End Page Number: 100
Publication Date: Aug 1990
Journal: Technological Forecasting & Social Change
Authors:
Keywords: economics
Abstract:

Existing economic theories are based on the assumptions of (1) investment and return, and (2) money as a universal instrument of transactions. These assumptions are incorrect in many cultures. Other philosophies of money must be understood in order to solve the aggravating international debt problems.

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