Bernard Schmitt’s Quantum Macroeconomic Analysis

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Release : 2022-11-25
Genre : Business & Economics
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Book Rating : 318/5 ( reviews)

Bernard Schmitt’s Quantum Macroeconomic Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bernard Schmitt’s Quantum Macroeconomic Analysis write by Alvaro Cencini. This book was released on 2022-11-25. Bernard Schmitt’s Quantum Macroeconomic Analysis available in PDF, EPUB and Kindle. The aim of Bernard Schmitt’s analysis of the monetary economy of production was twofold: to introduce and to explain the logical character of the macroeconomic laws governing our economies and to explain the origin of the pathologies that follow if these laws are not complied with. Schmitt’s main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds on the key principles of quantum macroeconomic analysis as he conceived and developed them. Schmitt’s starting point was the analysis of bank money and the way it is associated with produced output. His macroeconomics was not founded on microeconomics nor derived from the aggregation of microeconomic variables. Schmitt’s theory does not rely on mathematics and modelling either; instead, it is based on logical laws derived from the nature of money and monetary payments. Part I of this book deals with the quantum macroeconomic analysis of capitalism and its pathologies developed by Schmitt and provides the elements necessary to understand its ‘structural’ mechanism. Parts II and III deal with the principles of two reforms that enable the passage from capitalism to post-capitalism and from the present non-system of international payments to an orderly system. This book provides essential reading for all those interested in heterodox approaches to macroeconomics, monetary economics, banking, international economics, and the history of economic thought.

Quantum Macroeconomics

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Release : 2016-10-04
Genre : Business & Economics
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Book Rating : 86X/5 ( reviews)

Quantum Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Quantum Macroeconomics write by Jean-Luc Bailly. This book was released on 2016-10-04. Quantum Macroeconomics available in PDF, EPUB and Kindle. Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These issues concern both advanced and emerging market economies, referring to inflation, unemployment, financial instability, and economic crises. In the first part of this volume, leading scholars explain the historical origin and analytical content of quantum macroeconomics. The second part explores its relevance with respect to the current major economic issues such as the sovereign debt crisis and European monetary union. The volume also features two previously unpublished papers by Bernard Schmitt. The main findings of this book concern the need to go beyond agents’ behaviour to understand the structural origin of a variety of macroeconomic problems, notably, inflation, unemployment, financial instability, and economic crises. The originality that pervades all contributions is plain, when one considers the lack of any structural explanation of national and international economic disorders in the literature within the mainstream approach to economics. This edited volume is of great interest to those who study macroeconomics, monetary economics and money and banking.

A Macroeconomic Analysis of Profit

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Release : 2019-04-09
Genre : Business & Economics
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Book Rating : 334/5 ( reviews)

A Macroeconomic Analysis of Profit - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Macroeconomic Analysis of Profit write by Andrea Carrera. This book was released on 2019-04-09. A Macroeconomic Analysis of Profit available in PDF, EPUB and Kindle. Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. Specifically, to this end, a rigorous accounting for money transactions, savings, and invested profit is suggested, with a major aim to settle sustainable lending levels. Profit lies at the heart of economic activities. Indeed, companies, from small to large, seek net gains to remunerate shareholders and to increase their assets. Yet, economists are far from sharing a common theory of profit. Using mathematical tools and a discursive approach, this book contributes to the debates in such regard, in the attempt to provide new answers to old economic issues. What is macroeconomic profit? Is there any relationship between wages, lending, and profit? This book is an accesible resource for economists and financial experts as well as global economics students, researchers, academics and historians alike. It will challenge policy-makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.

An Introduction to Macroeconomics

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Release : 2021-03-26
Genre : Business & Economics
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Book Rating : 154/5 ( reviews)

An Introduction to Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Introduction to Macroeconomics write by Louis-Philippe Rochon. This book was released on 2021-03-26. An Introduction to Macroeconomics available in PDF, EPUB and Kindle. The second edition of this important textbook introduces students to the fundamental ideas of heterodox economics. It is written in a clear way by top heterodox scholars. This introductory book offers not only a critique of the dominant approach to economics, but also presents a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.

Modern Monetary Macroeconomics

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Release : 2012-01-01
Genre : Business & Economics
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Book Rating : 431/5 ( reviews)

Modern Monetary Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Modern Monetary Macroeconomics write by Claude Gnos. This book was released on 2012-01-01. Modern Monetary Macroeconomics available in PDF, EPUB and Kindle. This timely book uses cutting-edge research to analyse the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future economic policymaking in order to avoid these crises. The expert contributors take a critical approach to monetary analysis, providing elements for a new paradigm of economic policymaking at both national and international levels. Major issues are explored, including: inflation, capital accumulation and involuntary unemployment, sovereign debts and interest payment, and the euro-area crisis. Opening new lines of research in the economic and financial crises, this book will prove a fascinating read for academics, students and researchers in the field of monetary economics. Monetary policymakers, central bank officials and international financial organisations will also find the book to be an invaluable resource.