{"product_id":"ownership-economics-routledge-frontiers-of-political-economy-clear","title":"Ownership Economics (Routledge Frontiers of Political Economy) - Clear","description":"\u003cp\u003eIn this review of Ownership Economics, readers seeking a rigorous alternative account of money and interest will find a focused, theoretical work that foregrounds property rights. The book presents the first full-length English exposition of Heinsohn and Steiger's approach, and the single biggest reason to buy is its sustained argument that \u003cstrong\u003eproperty titles and credit contracts\u003c\/strong\u003e - not mere exchange or exogenous money - are central to money's origin. It reads as a scholarly intervention intended for serious students and researchers rather than casual readers.\u003c\/p\u003e\n\n\u003ch2\u003eKey Features\u003c\/h2\u003e\n\u003cul\u003e\n \u003cli\u003e\n\u003cstrong\u003eFull-length exposition:\u003c\/strong\u003e The volume compiles a complete English presentation of Heinsohn and Steiger's theory so readers can follow the argument end to end without hunting secondary sources.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eTheory-centered approach:\u003c\/strong\u003e It prioritizes conceptual clarity about how \u003cstrong\u003eownership and credit\u003c\/strong\u003e create money and interest rather than relying on conventional exchange-based explanations.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eFocus on property rights:\u003c\/strong\u003e The book emphasizes private property and titles as operational mechanisms that explain interest, offering a distinct lens for economic history and theory.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eAccessible to scholars:\u003c\/strong\u003e The text is organized for academic readers and advanced students who need a systematic treatment of an alternative monetary theory.\u003c\/li\u003e\n \u003cli\u003e\n\u003cstrong\u003eRoutledge Frontiers series:\u003c\/strong\u003e Placement in this series signals a research-oriented contribution to contemporary debates in political economy and economic history.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eWho It's For\u003c\/h2\u003e\n\u003cp\u003eThis is best for graduate students, academic researchers, and professional economists interested in monetary theory, economic history, or the role of institutions in finance; they will appreciate the book's detailed conceptual framework and its challenge to neoclassical and Keynesian explanations. Readers working on property law, credit systems, or the historical foundations of money will find material directly relevant to their work.\u003c\/p\u003e\n\u003cp\u003eIt is less suitable for casual readers or those seeking an introductory textbook with lots of empirical case studies or pedagogical exercises; the emphasis is theoretical and conceptual, so popular treatments of money or survey-style overviews would be better choices for newcomers.\u003c\/p\u003e\n\n\u003ch2\u003ePros \u0026amp; Cons\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003ePros\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n \u003cli\u003eProvides the first full English exposition of Heinsohn and Steiger's theory, consolidating scattered ideas into a coherent presentation.\u003c\/li\u003e\n \u003cli\u003eSharp focus on \u003cstrong\u003eownership as a mechanism\u003c\/strong\u003e gives a fresh perspective valuable for theoretical debates on money and interest.\u003c\/li\u003e\n \u003cli\u003eSuitable for scholarly use and classroom discussion within advanced courses on political economy.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eCons\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n \u003cli\u003eIts theoretical density and academic tone limit accessibility for general audiences who prefer applied or introductory texts.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eSpecifications\u003c\/h2\u003e\n\u003ctable\u003e\n \u003ctr\u003e\n\u003ctd\u003eTitle\u003c\/td\u003e\n\u003ctd\u003eOwnership Economics (Routledge Frontiers of Political Economy)\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eAuthors \/ Editors\u003c\/td\u003e\n\u003ctd\u003eGunnar Heinsohn, Otto Steiger, Frank Decker\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eSubject focus\u003c\/td\u003e\n\u003ctd\u003eTheory of money, interest, and private property rights\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eApproach\u003c\/td\u003e\n\u003ctd\u003eOwnership-based explanation of money and credit\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eAudience\u003c\/td\u003e\n\u003ctd\u003eResearchers, graduate students, economists\u003c\/td\u003e\n\u003c\/tr\u003e\n \u003ctr\u003e\n\u003ctd\u003eSeries\u003c\/td\u003e\n\u003ctd\u003eRoutledge Frontiers of Political Economy\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e\n\n\u003ch2\u003eOur Verdict\u003c\/h2\u003e\n\u003cp\u003eOwnership Economics is a valuable, research-focused contribution for anyone wanting a coherent alternative theory of money that places \u003cstrong\u003eproperty and credit\u003c\/strong\u003e at its center. While not aimed at beginners, it offers good value to scholars and advanced students because it collects and clarifies Heinsohn and Steiger's ideas in full English form, making it a useful reference for theoretical work and seminar discussion.\u003c\/p\u003e\n\n\u003ch2\u003eFrequently Asked Questions\u003c\/h2\u003e\n\u003cp\u003e\u003cstrong\u003eDoes this book explain how money is created?\u003c\/strong\u003e\u003cbr\u003eThe book argues that money is created as a non-physical title to property within credit contracts secured by collateral, rather than as a temporary exchange good or exogenous stock.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWho contributed to this English exposition?\u003c\/strong\u003e\u003cbr\u003eThe volume is associated with Gunnar Heinsohn, Otto Steiger, and Frank Decker and presents their theory in a full-length English treatment.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eIs this suitable for undergraduate courses?\u003c\/strong\u003e\u003cbr\u003eIt is best suited to advanced undergraduates, graduate seminars, or researchers because of its theoretical density and specialized focus.\u003c\/p\u003e","brand":"Gunnar Heinsohn, Otto Steiger, Frank Decker","offers":[{"title":"Default Title","offer_id":48772838883547,"sku":"0415645468","price":201.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0724\/1043\/1707\/files\/61yXk5kAfvL._SL1106.jpg?v=1778727629","url":"https:\/\/gearmusthave.com\/products\/ownership-economics-routledge-frontiers-of-political-economy-clear","provider":"GearMustHave","version":"1.0","type":"link"}