Teaching economics is the most important job that economists do. Thus it is nice to see a book devoted to teaching written by two economists who have played an important role in advancing the teaching of economics throughout the profession.' - David Colander, Journal of Economic Methodology
Michael K. Salemi, professor of economics and Chair of the Department of Economics at the University of North Carolina at Chapel Hill, explores money as a social contract as well as such topics as inflation and hyperinflation, financial institutions, stocks, bonds and derivative securities and central banks, exchange rates and monetary policy coordination among developed nations.
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