Tag Archives: quantity theory

Critique of Political Economy: C. Theories of the Medium of Circulation and Money – notes

C. Theories of the Medium of Circulation and MoneyAt the end of Chapter 1: Commodities we had “A:Notes on the History of the Theory of Value”. At the end of Chapter 2 part 1: The Measure of Value we had … Continue reading

Posted in the critique of political economy- notes, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Critique of Political Economy. Chapter 2 part 2- notes

2. Medium of Circulation Interesting that Marx has discussed all of these properties of money as measure of value, unit of account and so on, without getting into circulation. Thus, in Marx’s system, money arises out of the nature of … Continue reading

Posted in the critique of political economy- notes, Uncategorized | Tagged , , , , , , , | 9 Comments