Abstract
The Appetiser suggests that the neoclassical economic model responds to a conjecture regarding the relationship between private and public interest rather than a question about the working of economic exchange. The Starter explains economic exchange. To explain economic exchange, it is first necessary to explain the process of ‘support-bargaining’ and the creation of money. With that, it is possible to explain how money is used in ‘money-bargaining’, the process of economic exchange. The Appetiser also identifies ‘communal interests’ as outcomes of support-bargaining. Money-bargaining accommodates communal interests as well as the individual interests that are the basic concern of neoclassical theory.
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References
Kahneman, Daniel, 2012, Thinking, Fast and Slow, Penguin.
Spread, Patrick, 2019, Economics for an Information Age: Money-Bargaining, Support-Bargaining and the Information Interface (EIA), Routledge.
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Spread, P. (2018). Appetiser. In: A Starter on Support-Bargaining and Money-Bargaining in Twenty-Eight Digestible Bites. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-05231-7_1
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DOI: https://doi.org/10.1007/978-3-030-05231-7_1
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Publisher Name: Palgrave Pivot, Cham
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