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hal.structure.identifierCentre Émile Durkheim [CED]
dc.contributor.authorLE HÉRON, E.
dc.contributor.editorLouis-Philippe Rochon
dc.contributor.editorHassan Bougrine (eds.)
dc.date.issued2020
dc.identifier.isbn9781786439543
dc.description.abstractEnMoney is an institution that can only function when it perfectly manages the relationship between sovereignty and confidence. The foundation of this monetary relationship can focus on two directions: either a top-down process based on sovereignty so as to justify public confidence in the money; or a bottom-up process starting from building confidence through coordination and learning among individuals to explain the organization of a sovereign monetary authority. Starting from the three hierarchical levels of confidence (methodical, hierarchical and ethical) highlighted by Michel Aglietta and André Orléan (2002), the first process emphasizes the importance of a sovereign political power as the foundation of confidence and multiplies the rules and norms necessary for methodical confidence, while being a guarantor of the social values in the monetary compromise issuing from ethical confidence. The monetary order is based on the exercise of hierarchical political power from top to bottom. Money thus becomes a ‘total social fact’ (Simmel quoted in Aglietta, 2008, p. 4).
dc.language.isoen
dc.publisherEdward Elgar Publishing
dc.publisher.locationNorthampton (UK)
dc.source.titleCredit, Money and Crises in Post-Keynesian Economics
dc.subject.enMoney
dc.subject.enQualitative theory
dc.title.enEndogenous money, liquidity preference and confidence: for a qualitative theory of money
dc.typeChapitre d'ouvrage
dc.identifier.doi10.4337/9781786439550.00018
dc.subject.halSciences de l'Homme et Société/Economies et finances
dc.subject.halSciences de l'Homme et Société/Science politique
bordeaux.page133-151
hal.identifierhalshs-02993143
hal.version1
hal.origin.linkhttps://hal.archives-ouvertes.fr//halshs-02993143v1
bordeaux.COinSctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.btitle=Credit,%20Money%20and%20Crises%20in%20Post-Keynesian%20Economics&rft.date=2020&rft.spage=133-151&rft.epage=133-151&rft.au=LE%20H%C3%89RON,%20E.&rft.isbn=9781786439543&rft.genre=unknown


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