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Containing two works addressing the problems we have all had with money and with credit. ""On the Real Causes of the Recession, Banking and Credit Crises 2007/2008"" is a conventional analysis which identifies a key factor in why the credit crunch has arisen. It is this key aspect of the credit crunch which must be tackled to restore the levels of credit the world needs. Whilst scrambling for Keynesian fiscal stimulus responses we seem to have overlooked a rather more important factor John Maynard Keynes identified from his experiences in the 1930's. In recent decades the world of economics has somewhat neglected Keynes' ideas on the Trade Cycle at its peril. ""The Economics of Money, Poverty and Wealth and What We Should Do About It"" argues for a very unconventional alternative approach and cure to the problems of modern economics and our financial systems.
Containing two works addressing the problems we have all had with money and with credit. ""On the Real Causes of the Recession, Banking and Credit Crises 2007/2008"" is a conventional analysis which identifies a key factor in why the credit crunch has arisen. It is this key aspect of the credit crunch which must be tackled to restore the levels of credit the world needs. Whilst scrambling for Keynesian fiscal stimulus responses we seem to have overlooked a rather more important factor John Maynard Keynes identified from his experiences in the 1930's. In recent decades the world of economics has somewhat neglected Keynes' ideas on the Trade Cycle at its peril. ""The Economics of Money, Poverty and Wealth and What We Should Do About It"" argues for a very unconventional alternative approach and cure to the problems of modern economics and our financial systems.
Bringing a fresh and original outlook to the problem of poverty in our world, the aim of the author is to explain how by seeing the Economics of Money as a mathematical operation in each transaction, and by seeing money as an ancient tool we need to improve, we can move towards a different approach to economics and the mathematics of money to solve poverty around the world and in the process bring greater wealth to all.
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