Money is a legal institution with principal economic and sociological consequences. Money is a debt, because that is how it is conceptualised and comes into existence: as circulating credit – if viewed from the creditor’s perspective – or, from the debtor’s viewpoint, as debt. This book presents a legal theory of money, based on the concept of dematerialised property. It describes the money creation or money supply process for cash and for bank money, and looks at modern forms of money, such as cryptocurrencies. It also shows why mainstream economics presupposes, but avoids an analysis of, money by effectively eliminating money from the microeconomic market model and declaring it as merely a neutral medium of exchange and unit of account. The book explains that money rather brings about and influences substantially the exchange or transaction it is supposed to facilitate only as a neutral medium. As the most liquid of all assets, money enables financialisation, monetisation and commodification in the economy. The central role of the banks in the money creation process and in the economy, and their strengthened position after the bank rescue measures in the wake of the financial crisis 2008-9 are also discussed. Providing a rigorous analysis of the most salient legal issues regarding money, this book will appeal to legal theorists, economists and anyone working in commercial or banking law.

The life of a major figure in twentieth‑century economic history whose impact has long been clouded by dubious allegations Although Harry Dexter White (1892–1948) was arguably the most important U.S. government economist of the twentieth century, he is remembered more for having been accused of being a Soviet agent. During the Second World War, he became chief advisor on international financial policy to Secretary of the Treasury Henry Morgenthau, a role that would take him to Bretton Woods, where he would make a lasting impact on the architecture of postwar international finance. However, charges of espionage, followed by his dramatic testimony before the House Un‑American Activities Committee and death from a heart attack a few days later, obscured his importance in setting the terms for the modern global economy. In this book, James Boughton rehabilitates White, delving into his life and work and returning him to a central role as the architect of the world’s financial system.

We’re all searching. Sometimes the search is easy: simply type a question and the answer pops up. But sometimes our questions are complicated, and the answers are difficult to see and harder to articulate. How do we discover and examine the truths that give meaning and purpose to life? Adam Hamilton believes that some powerful answers are contained in the Apostles’ Creed, an early statement of foundational Christian beliefs. In this book, Hamilton considers important questions of life, reality, and truth. He explores not only what Christians believe, but also why they believe it and why it matters. Chapters include: God Jesus Christ The Holy Spirit The Church at the Communion of Saints The Forgiveness of Sins The Resurrection of the Body Creed: What Christians Believe and Why is also part of a six-week church-wide program that includes a Leader Guide, DVD, and youth and children resources.

The language of debt could also be used to Other groups such as the Bedouin, who remained outside the immediate sovereignty of the urban legal and market system.

Dorothy Sayers, author of the Peter Wimsey mystery novels, shows why every Christian needs a creed to live by. Sayers writes about the Faith with wit, charm, and humor.

With one simple myth, nations burned. Under the Almighty, an empire has been forged, bringing peace to the once-divided continent. But now, a spark of truth threatens to ignite the religion of lies. Chapman unknowingly brought the Seventh Precinct to their demise. Now Officer Holden Sanders, known throughout the Capital City as the survivor, seeks the truth of how so many he held dear were slaughtered. But when it comes to light his former mentor might still draw breath, the Officer of God is forced to wage war against the Almighty itself.