Money, Banking, and the Business Cycle - Volume II: Remedies and Alternative Theories (Hardcover)

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.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	July 2014
First published:	2014
Authors:	B Simpson
Dimensions:	235 x 155 x 22mm (L x W x T)
Format:	Hardcover - Cloth over boards / With dust jacket
Pages:	306
ISBN-13:	978-1-137-34077-1
Categories:	Books > Business & Economics > Business & management > Business strategy Books > Business & Economics > Finance & accounting > Finance > Banking Books > Money & Finance > Banking
LSN:	1-137-34077-0
Barcode:	9781137340771

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