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商品詳細
Money, Banking, and the Business Cycle. Volume II : Remedies and Alternative Theories. 金、銀行業、ビジネスサイクル 第2巻：救済策と代替理論
・ISBN 978-1-137-34077-1 hard EUR 99.99
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お気に入り
★★★
| 著者・編者 | Simpson, Brian P., |
|---|---|
| 出版社 | (Palgrave Macmillan, US) |
| 出版年月 | 2014 |
| ページ数 | 320 pp. |
| 言語 | ENG |
| ニュース番号 | ＜614-474 614-951＞ |
解説
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.