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Faculty of Economics

Journal Cover

Lawson, T.

The Constitution and Nature of Money

Cambridge Journal of Economics

Abstract: I take the opportunity to elaborate and clarify the positioning theory of money in response to the critique of it provided by Geoffrey Ingham

Keywords: Credit / debt, Legal Tender, Liquidity, Means of payment, Money, Obligations, Purchasing power, Rights, Social ontology, Social positioning, Value

JEL Codes: B30, B20, B10, B40, B50, B000, P10, A10 N000, P00

Author links: Tony Lawson  

Publisher's Link: https://academic.oup.com/cje/article/42/3/851/4986494



Papers and Publications



Recent Publications


Gagnon, J. and Goyal, S. Networks, markets and inequality American Economic Review [2017]

Fruehwirth, J., Iyer, S. and Zhang, A. Religion and Depression in Adolescence Journal of Political Economy, forthcoming [2019]

Jochmans, K., and Weidner, M. Fixed-Effect Regressions on Network Data Econometrica, forthcoming [2019]