Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative The

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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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Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories
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Hardcover: 320 pages
Publisher: Palgrave Macmillan (July 2, 2014)
Language: English
ISBN-10: 1137340770
ISBN-13: 978-1137340771
Product Dimensions: 6.1 x 0.9 x 9.5 inches
Shipping Weight: 1.3 pounds
http://www.amazon.com/Money-Banking-Business-Cycle-Alternative/dp/1137340770/ref=sr_1_1_twi_1_har?ie=UTF8&qid=1435003820&sr=8-1&keywords=Money%2C+Banking%2C+and+the+Business+Cycle%3A+Volume+II%3A+Remedies+and+Alternative+Theories

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Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative The

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