Rethinking the Theory of Money, Credit, and 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 Rethinking the Theory of Money, Credit, and Macroeconomics write by John Smithin. This book was released on 2018-09-15. Rethinking the Theory of Money, Credit, and Macroeconomics available in PDF, EPUB and Kindle. This book provides a comprehensive re-working of the basic principles of monetary macroeconomics in an alternative monetary model (AMM) of economic growth, the business cycle, inflation and income distribution. These principles differ considerably from those advanced in the standard macroeconomics literature and in textbooks. However, the latter have been demonstrably unsuccessful in the promotion of usable macroeconomic policy advice for the past several years, actually decades. A different approach is needed. In particular, the new approach takes seriously the vital role of credit creation and endogenous money in capitalism. It does not imagine that all of the difficult questions of economic policy-making may be resolved within a paradigm that conceptualizes economic activity as merely a question of barter exchange. The result is a blueprint for a set of growth-friendly macroeconomic policies which will promote full employment, financial stability and higher real wages – essentially for the benefit of the long-suffering middle and working classes rather for the chamber of commerce and financial interests.
Credit and State Theories of Money
Credit and State Theories of 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 Credit and State Theories of Money write by L. Randall Wray. This book was released on 2004-01-01. Credit and State Theories of Money available in PDF, EPUB and Kindle. In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the first time.
The Money Problem
The Money Problem - 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 The Money Problem write by Morgan Ricks. This book was released on 2016-03-09. The Money Problem available in PDF, EPUB and Kindle. An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a “public” or “private” activity—or both? What do we mean by, and want from, financial stability? What role should regulation play? How would we design our monetary institutions if we could start from scratch? In The Money Problem, Morgan Ricks addresses these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system. He brings a critical, missing dimension to the ongoing debates over financial stability policy, arguing that the issue is primarily one of monetary system design. The Money Problem offers a way to mitigate the risk of catastrophic panic in the future, and it will expand the financial reform conversation in the United States and abroad. “Highly recommended.” —Choice
Rethinking the Economics of Land and Housing
Rethinking the Economics of Land and Housing - 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 Rethinking the Economics of Land and Housing write by Josh Ryan-Collins. This book was released on 2017-02-28. Rethinking the Economics of Land and Housing available in PDF, EPUB and Kindle. Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
What is Money?
What is 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 What is Money? write by John Smithin. This book was released on 2002-01-31. What is Money? available in PDF, EPUB and Kindle. This volume provocatively rethinks the economics, politics and sociology of money and examines the classic question of what is money. Starting from the two dominant views of money, as neutral instrument and as social relation, What is Money? presents a thematic, interdisciplinary approach which points to a definitive statement on money. Bringing together a variety of neclassical and heterodox perspectives, this work collects the latest thinking of some of the best-known economics scholars on the question of money. The contributors are Victoria Chick, Kevin Dowd, Gilles Dostaler, Steve Fleetwood, Gunnar Heinsohn, Geoff Ingham, Peter Kennedy, Peter G. Klein, Bernard Maris, Scott Meikle, Alain Parguez, Colin Rodgers, T.K.Rymes, Mario Seccarreccia, George Selgin, Otto Steiger, John Smithin and L. Randall Wray.
