Money, Markets, and Sovereignty - 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 Money, Markets, and Sovereignty write by Benn Steil. This book was released on 2009-04-01. Money, Markets, and Sovereignty available in PDF, EPUB and Kindle. Winner of the 2010 Hayek Book Prize given by the Manhattan Institute "Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington Times In this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors present a fascinating intellectual history of monetary nationalism from the ancient world to the present and explore why, in its modern incarnation, it represents the single greatest threat to globalization. Steil and Hinds describe the current state of international economic relations as both unusual and precarious. Eras of economic protectionism have historically coincided with monetary nationalism, while eras of liberal trade have been accompanied by a universal monetary standard. But today, the authors show, an unprecedentedly liberal global trade regime operates side by side with the most extreme doctrine of monetary nationalism ever contrived—a situation bound to trigger periodic crises. Steil and Hinds call for a revival of the political and economic thinking that underlay earlier great periods of globalization, thinking that is increasingly under threat by more recent ideas about what sovereignty means.
Sovereign Money
Sovereign Money - 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 Sovereign Money write by Joseph Huber. This book was released on 2016-12-09. Sovereign Money available in PDF, EPUB and Kindle. In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our monetary system and how these flaws lie at the root of the crisis. This book provides an introduction and critical assessment of the current monetary system. It begins with an up to date account of the workings of today’s system of state-backed ‘bankmoney’, illustrating the various forms and issuers of money, and discussing money theory and fallacy past and present. It also looks at related economic challenges such as inflation and deflation, asset inflation and bubble building that lead to market instability and examines the ineffectual monetary policies and primary credit markets that are failing to reach some sort of self-limiting equilibrium. In order to fix our financial system, we first need to understand its limitations and the flaws in current monetary and regulatory policy and then correct them. The concluding part of this book is dedicated to the latter, advocating a move towards the sovereign monetary prerogatives of issuing the entire stock of official money and benefitting from the gain thereof (seigniorage). The author argues that these functions should be made the sole responsibility of independent and impartial central banks with full control over the stock of money (not the uses of money) on the basis of a legal mandate that would be more detailed than is the case today. This includes a thorough separation of monetary and fiscal powers, and of both from banking and wider financing functions. This book provides a welcome addition to the banking literature, guiding readers through the inner workings of our monetary and regulatory environments and proposing a new way forward that will better protect our economy from financial instability and crisis.
Money, Markets and Capital
Money, Markets and Capital - 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 Money, Markets and Capital write by Jean Cartelier. This book was released on 2018-04-24. Money, Markets and Capital available in PDF, EPUB and Kindle. Money and payments are familiar to everybody. Economists however are often at a loss in assessing the extent to which money matters. As a matter of fact, money is at the origin of the main cleavage in economic theory. Beyond sophisticated models what is at stake is whether money is just an appearance which hides the essence of economic life (value and happiness of people) or, on the contrary, the very substance of economic relations, not limited to exchanges, in which power and sovereignty are ever present. In a first part, the author shows how fragile and shaky are the attempts made by value theoreticians to integrate money into their analysis. In a second part, he develops a rigorous alternative theory by giving strong logical foundations to a monetary analysis in the spirit of Keynes. Many important economic phenomena left unexplained by academic theory are accounted for (involuntary equilibrium unemployment), a new method in dynamics is resorted to (viability theory) and various economic relations are elucidated which are not reducible to exchange, the only one dealt with by academic theoreticians. This is the case of the wage relationship. Although written in view of an audience acquainted with economic theory, this book can be read nevertheless by a larger circle since the technicalities have been reduced to what is strictly necessary to understand what is at stake.
Money, Markets, and Monarchies
Money, Markets, and Monarchies - 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 Money, Markets, and Monarchies write by Adam Hanieh. This book was released on 2018-09-13. Money, Markets, and Monarchies available in PDF, EPUB and Kindle. An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.
Economic and Monetary Sovereignty in 21st Century Africa
Economic and Monetary Sovereignty in 21st Century Africa - 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 Economic and Monetary Sovereignty in 21st Century Africa write by Maha Ben Gadha. This book was released on 2021-10-20. Economic and Monetary Sovereignty in 21st Century Africa available in PDF, EPUB and Kindle. The story of how African societies are resisting financial dependency and colonial legacies
