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Money, Banking, and the Business Cycle

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Money, Banking, and the Business Cycle

Volume II: Remedies and Alternative Theories

B. Simpson

Palgrave Macmillan
Publication date : 2014-07-02

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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.

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About the book

Author

B. Simpson

Imprint

Palgrave Macmillan

Collection

n.c

Publication date

2014-07-02

Pages

306 pages

Print ISBN

9781137340771

Language

English

Ebook informations

EAN PDF

9781137336569

Price

£89.50

Copy count 3

Print count 30

File size 2202 Ko

Informations accessibility

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About author(s)

B. Simpson

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