On The Machiavellian Perspective - jalToorey/IdealMoney GitHub Wiki

It can also be remarked that "bad" money, or the inverse of "good" or "ideal" money is basically a consequence of deficiencies on the part of governments and politicians of a sort relating to morals, virtue, or ethics. Thus the phenomena of "bad money" are essentially understandable via Machiavellian studies.

https://github.com/jalToorey/IdealMoney/wiki/Ideal-Money-Southern-Economic-Journal

The Machiavellian Perspective

A serious study of the phenomena of paper money or coinage as issued by state authorities would not be comp-lete without consideration of a Machiavellian analysis of the "con games" that arise whenever the quality level of a money may seem different to different types of appraisers. And Machiavelli is very notable as an early "non-mathematical" game theorist (!!).

https://github.com/jalToorey/IdealMoney/wiki/Ideal-Money-Revolutionary-Reforms

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To understand the significance of calling attention to the "Machiavellian" perspective Nash alludes to we can consider that Machiavelli lived in a time where citizens were socially, legally, and morally confined in their patterns of thinking. A punishable stigma on the concept of considering 'immoral' strategy lines. In hindsight this is obviously a form of control and a lack of proper intellectual based security.

Machiavelli can also be thought of as a game theorist because of his willingness to consider different opposing sides of conflict. Also, it is as if the geo-political structure/setting of Rome significantly benefited his thinking style and works in this regard (ie principalities etc.).

In game theory we learn the fullest consideration of an otherwise unweighted strategy set is more important than any narrowing down options based on information available.

A Machiavellian Perspective considers all this.