Money as an Institution and Money as an Object
The folk conception of money as an object is not a promising starting point to develop general, explanatory metaphysical accounts of the social world. A theory of institutions as rules in equilibrium is more consistent with scientific theories of money, is able to shed light on the folk view, and s...
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Format: | Article |
Language: | English |
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University of Vienna
2022-03-01
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Series: | Journal of Social Ontology |
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Online Access: | https://journalofsocialontology.org/index.php/jso/article/view/6741 |
Summary: | The folk conception of money as an object is not a promising starting point to develop general, explanatory metaphysical accounts of the social world. A theory of institutions as rules in equilibrium is more consistent with scientific theories of money, is able to shed light on the folk view, and side-steps some unnecessary puzzles.
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ISSN: | 2196-9663 |