Open Access. Powered by Scholars. Published by Universities.®
Ethics and Political Philosophy Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Institution
Articles 1 - 2 of 2
Full-Text Articles in Ethics and Political Philosophy
Against Monetary Functionalism: A Social Ontology Of Money, James Payne
Against Monetary Functionalism: A Social Ontology Of Money, James Payne
Honors Program Theses
This paper explores the concepts of individualism and holism in social ontology through an analysis of the ontology of money by integrating insights from the Critical Realist tradition as well as the distinction between metaphysical grounds and anchors. In doing so it examines alternative explanations of money's ontology like the paradigmatic approach of John Searle. The results of the inquiry are then connected in relation to the models of social explanation in mainstream economics.
Emission Permits As A Monetary Policy Tool: Is It Feasible? Is It Ethical?, Tracey Mccowen
Emission Permits As A Monetary Policy Tool: Is It Feasible? Is It Ethical?, Tracey Mccowen
Graduate College Dissertations and Theses
The price of emission permits is deemed too low to mitigate climate change. In three studies, policy approaches to pricing carbon in a market setting are examined. First, the emission permit market is analyzed comparatively to how the ethanol mandate impacted prices in the corn market. This leads to the realization that the marketization of carbon is more like a currency than a physical commodity. The next study examines emission permits as a monetary policy tool. Emissions correlate GDP output, thus central banks can use emission permits as forward guidance, as a means to optimize the price for climate change …