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Return to Roots:the Origins of Money and the Current Financial Crisis

Author

Listed:
  • Tocu NICU

    (Alexandru Ioan Cuza University, Iasi, Romania)

  • Peter BALOGH

    (Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

The company's current financial situation is the result of evolution over thousands of years and money is a primary component of the economic system that is in constant change. The importance of money and the role they play in the economy it can be considered the "cornerstone" of economic life, so that while there were several schools of thought, located on opposite positions. The problem of the monetary doctrines dispute, is the causal relationship between money and economics, respectively, if the money is just a product of economic life over which changes in the economy works, or they directly influence these changes.

Suggested Citation

  • Tocu NICU & Peter BALOGH, 2011. "Return to Roots:the Origins of Money and the Current Financial Crisis," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 394-399.
    • Handle: RePEc:ddj:fserec:y:2011:p:394-399
    as

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