Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories: 2 - Image 1

£84.99

MACMILLAN Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories: 2

Name: Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories: 2
Brand: MACMILLAN
Price: 84.99 GBP
Availability: InStock

Medical, Legal & Social Sciences

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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.

Product Specifications

Brand: MACMILLAN
Format: hardcover
ASIN: 1137340770
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences
Domain: Amazon UK
Release Date: 02 July 2014
Listed Since: 27 February 2014

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MACMILLAN Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories: 2

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