Money, Banking, and the Business Cycle

Volume II: Remedies and Alternative Theories

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Éditeur :

Palgrave Macmillan


Paru le : 2014-07-02



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Description
The business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume II refutes Keynesian and real business cycle theories and provides policy prescriptions to virtually eliminate the cycle. Simpson offers a detailed analysis of several historical monetary systems around the world and shows the causes and effects of fiat money and fractional-reserve banking, as well as a 100-percent reserve gold standard.
Pages
306 pages
Collection
n.c
Parution
2014-07-02
Marque
Palgrave Macmillan
EAN papier
9781137340771
EAN PDF
9781137336569

Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
30
Taille du fichier
2202 Ko
Prix
94,94 €

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