IDEAS home Printed from https://ideas.repec.org/p/hal/journl/halshs-00080392.html
   My bibliography  Save this paper

L'articulation des monnaies : questions sur la fongibilité et la convertibilité

Author

Listed:
  • Jérôme Blanc

    (LEFI - Laboratoire d'Economie de la Firme et des Institutions - UL2 - Université Lumière - Lyon 2)

Abstract

Identifier comme normale la coexistence de formes monétaires distinctes dans les sociétés modernes conduit à interroger un postulat économiste fondateur, qui consiste à concevoir la monnaie comme parfaitement fongible (autrement dit, les avoirs monétaires sont indifférenciés et interchangeables), et d'où il résulte que les relations entre monnaies sont analysées au travers du critère de concurrence. Ce texte vise à revenir sur ces deux points, fongibilité et concurrence. La thèse développée est que la façon dont les monnaies sont articulées ne relève pas nécessairement de la concurrence. Une explication majeure est l'imparfaite fongibilité des monnaies. Ce texte propose ainsi une analyse systématique des cloisonnements monétaires et une étude de ses conséquences, en déconstruisant le concept de fongibilité au moyen d'une grille de lecture théorique rendant compte de la diversité des pratiques monétaires et des formes de la monnaie dans les sociétés modernes.

Suggested Citation

  • Jérôme Blanc, 2006. "L'articulation des monnaies : questions sur la fongibilité et la convertibilité," Post-Print halshs-00080392, HAL.
  • Handle: RePEc:hal:journl:halshs-00080392
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00080392
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-00080392/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jérôme Blanc, 2006. "Karl Polanyi et les monnaies modernes : un réexamen," Post-Print halshs-00079131, HAL.
    2. L. R. Wray, 1990. "Money and Credit in Capitalist Economies," Books, Edward Elgar Publishing, number 474.
    3. Fantacci, Luca, 2005. "Complementary currencies: a prospect on money from a retrospect on premodern practices," Financial History Review, Cambridge University Press, vol. 12(01), pages 43-61, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guillaume PASTUREAU, 2013. "De l’usage social aux pratiques marchandes de l’argent. Une brève histoire des origines du microcrédit social," Cahiers du GREThA (2007-2019) 2013-14, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    2. Guillaume PASTUREAU & Romain JOURDHEUIL, 2013. "Le prêt sur gages au Crédit municipal : vers une analyse exploratoire des relations entre banquier social et emprunteur," Cahiers du GREThA (2007-2019) 2013-20, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. L. Randall Wray, 2011. "Waiting for the Next Crash: The Minskyan Lessons We Failed to Learn," Economics Public Policy Brief Archive ppb_120, Levy Economics Institute.
    2. Diarmid Weir, 2013. "Fiat Money, Individual Rationality and Production," Metroeconomica, Wiley Blackwell, vol. 64(4), pages 573-590, November.
    3. Phil Armstrong, 2020. "Can Heterodox Economics Make a Difference?," Books, Edward Elgar Publishing, number 19964.
    4. Heise, Arne, 2018. "Postkeynesianismus: Ein heterodoxer Ansatz auf der Suche nach einer Fundierung," ZÖSS-Discussion Papers 69, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    5. Matias Vernengo, 2005. "Economics Ideas and Institutions in Historical Perspective: Cairú and Hamilton on Trade and Finance," Working Paper Series, Department of Economics, University of Utah 2005_08, University of Utah, Department of Economics.
    6. Louis-Philippe Rochon & Sergio Rossi, 2007. "Central Banking and Post-Keynesian Economics," Review of Political Economy, Taylor & Francis Journals, vol. 19(4), pages 539-554.
    7. Badarudin, Z.E. & Ariff, M. & Khalid, A.M., 2013. "Post-Keynesian money endogeneity evidence in G-7 economies," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 146-162.
    8. Mark Lautzenheiser & Yavuz Yaşar, 2013. "Krugman Meets Marx and Keynes at the Baby-Sitting Co-op," Forum for Social Economics, Taylor & Francis Journals, vol. 42(1), pages 24-37, March.
    9. Thomas Cate (ed.), 2012. "Keynes’s General Theory," Books, Edward Elgar Publishing, number 3855.
    10. Felipe Rezende, 2015. "Demand for financial assets and monetary policy: a restatement of the liquidity preference theory and the speculative demand for money," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 38(1), pages 64-92, July.
    11. Sébastien Charles, 2008. "Teaching Minsky's financial instability hypothesis: a manageable suggestion," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 31(1), pages 125-138, September.
    12. Paul Dalziel, 1996. "The Keynesian Multiplier, Liquidity Preference, and Endogenous Money," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(3), pages 311-331, March.
    13. L. Randall Wray, 2014. "From the State Theory of Money to Modern Money Theory: An Alternative to Economic Orthodoxy," Economics Working Paper Archive wp_792, Levy Economics Institute.
    14. L. Randall Wray, 2012. "Money in finance," Chapters, in: Jan Toporowski & Jo Michell (ed.), Handbook of Critical Issues in Finance, chapter 33, pages i-ii, Edward Elgar Publishing.
    15. Dini, Paolo & Kioupkiolis, Alexandros, 2019. "The alter-politics of complementary currencies: the case of Sardex," LSE Research Online Documents on Economics 101368, London School of Economics and Political Science, LSE Library.
    16. Amal Sanyal, 1996. "Access to Credit and the Inflation Process in a Developing Economy," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(4), pages 621-631, July.
    17. Greg Hannsgen, 2004. "Borrowing Alone The Theory and Policy Implications of the Commodification of Finance," Finance 0402011, University Library of Munich, Germany.
    18. Hein, Eckhard, 2002. "Money, interest, and capital accumulation in Karl Marx's economics: A monetary interpretation," WSI Working Papers 102, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation.
    19. L. Randall Wray, 1994. "Kenneth Boulding’s Grants Economics," Journal of Economic Issues, Taylor & Francis Journals, vol. 28(4), pages 1205-1225, December.
    20. Charles J. Whalen, 1993. "Saving Capitalism by Making It Good: The Monetary Economics of John R. Commons," Journal of Economic Issues, Taylor & Francis Journals, vol. 27(4), pages 1155-1179, December.

    More about this item

    Keywords

    Money; money uses; fungibility; competition; convertibility; Monnaie; pratiques monétaires; fongibilité; concurrence; convertibilité;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00080392. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.