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Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories (en Inglés)
B. Simpson
(Autor)
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Palgrave MacMillan
· Tapa Blanda
Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories (en Inglés) - Simpson, B.
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Origen: Estados Unidos
(Costos de importación incluídos en el precio)
Se enviará desde nuestra bodega entre el
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Reseña del libro "Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories (en Inglés)"
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.
