Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories
Brian P. Simpson
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.
درجه (قاطیغوری(:
کال:
2014
خپرندویه اداره:
Palgrave Macmillan
ژبه:
english
ISBN 10:
1137340770
ISBN 13:
9781137340771
فایل:
PDF, 3.39 MB
IPFS:
,
english, 2014
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