Money, Banking, and the Business Cycle

Volume II: Remedies and Alternative Theories

B. Simpson (Autor)

Buch | Softcover

306 Seiten

2014 | 1st ed. 2014
Palgrave Macmillan (Verlag)
978-1-349-46493-7 (ISBN)

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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.

Brian P. Simpson is Professor and Economist at National University, USA.

Introduction PART I: REFUTATION OF ALTERNATIVE EXPLANATIONS OF THE BUSINESS CYCLE 1. Underconsumption and Overproduction Theories of the Business Cycle 2. Keynesian Business Cycle Theory, Part Deux: Inflexible Prices and Wages 3. Real Business Cycle Theory PART II: TO CURE THE BUSINESS CYCLE 4. Government Interference, Fiat Money, and Fractional-Reserve Banking 5. The Characteristics and Effects of a Free Market in Money and Banking 6. The Significance of Some of the Historically Freer Banking Periods 7. Gold and 100-Percent Reserves 8. How to Transition to a Free Market in Money and Banking Epilogue

Erscheinungsdatum	21.08.2020
Zusatzinfo	XI, 306 p.
Verlagsort	Basingstoke
Sprache	englisch
Maße	155 x 235 mm
Themenwelt	Sozialwissenschaften ► Politik / Verwaltung
	Sozialwissenschaften ► Soziologie ► Mikrosoziologie
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
Schlagworte	Banking • business • Keynes • MONEY • Production • Transition
ISBN-10	1-349-46493-7 / 1349464937
ISBN-13	978-1-349-46493-7 / 9781349464937
Zustand	Neuware