Money A Zero-Sum Game A Novel Framework of Money have Nobel Economists Got it Wrong?
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Author: | Krishnamurthy Vaidyanathan and Krishnamurthy V Subramanian |
ISBN 13: | 9789356367722 |
Binding: | Softcover |
Language: | English |
Year: | 2022 |
Subject: | Economics |
About the Book
Money, an indispensable part of our lives, determines our economic well-being. In any economy, money is an asset to “we the people” who own it and is a liability for the institutions that owe it. While establishing that money, thus, is a zero-sum game – there are no winners in this game without losers – the book explains how the money game is played. Understanding this zero-sum game is crucial as each one of us is a participant in this game.