The Social Origins of Money: the Case of Egypt*
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شبیه سازی الگوی پولی برای وزندهی رأی در تحلیل اقتصادی دموکراسی
The unequal allocation of economic resources, or other resources of wealth, regarding to the efficiency among the factors of production, is considered as one of the most important condition of optimal resource allocation in the market system. In other words, the market mechanism in the process of allocating resources among the factors of production rewards to the resources with higher returns. ...
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Relinquishing precious metal coins and replacing it with paper money is an Historical development in modern economies. Some liberal monetary theorists (Austrian school) rejecting paper money have emphasized the need to return to a metallic currency (or gold standard) and the rule of market in money production. The main vice of paper money is that it is not consequence of the spontaneous market ...
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تاریخ انتشار 2002