The Debacle of Economic Stabilization Policies - 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 Debacle of Economic Stabilization Policies write by Antony P. Mueller. This book was released on 2018-11-13. The Debacle of Economic Stabilization Policies available in PDF, EPUB and Kindle. Antony P. Mueller, an internationally renowned associate scholar of the Ludwig von Mises Institute, launches a devastating attack against the prevailing conception of economic policy according to which the government and the monetary authorities have to stabilize the economy. This claim implies the assumption that the market economy is unstable. Yet what if when it is not the market economy but politics which produces instability? What if when the policy managers fabricate the opposite of their claim? What if when they do not smooth the business cycle but make it more extreme? What if when monetary policy does not cure inflation but instigates the erosion of the purchasing power of money? The great economic eruptions happen when the government and the central bank do not allow the small economic fluctuations to play out. The authorities hinder the return to a balance when false incentives and distorted market signals persist. When capital becomes scarcer, the interest rate should rise to signal this change. If, however, the central bank attempts to pump more money into the systems and to lower the interest rate, this policy will cover up the capital shortage. Cheap credit insinuates a profusion of funds that do not exist. Economic policy claims to stabilize the economy and keep it on its growth path. For that purpose, economic policy is said to pursue the aims to fight inflation and deflation, to prevent recessions and depressions and to promote economic growth. Yet, often, these policies themselves produce what the policymakers claim to prevent and to cure. This booklet, based on the comprehensive monograph "Beyond the State and Politics. Capitalism for the New Millennium" explains that the monetary authorities and the government do not improve economic performance but are the main culprits for a weak growth and the extreme swings of the economic activity. The author Antony Mueller is a German professor of economics who currently teaches in Brazil. He is an associate scholar of the Ludwig von Mises Institute and a senior fellow of the American Institute for Economic Research (AIER). Antony Mueller holds a doctorate in economics from the University of Erlangen-Nuremberg, Germany, and has taught and done research in Europe, the United States (where he also was a Fulbright Scholar), and in various parts of Latin America. He gained professional experience as a sovereign risk analyst.
The Wreck Of Economic Stabilization Policies
The Wreck Of Economic Stabilization Policies - 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 Wreck Of Economic Stabilization Policies write by Roosevelt Lian. This book was released on 2021-08-15. The Wreck Of Economic Stabilization Policies available in PDF, EPUB and Kindle. A stabilization policy seeks to limit erratic swings in the economy's total output, as measured by the nation's gross domestic product (GDP), as well as controlling surges in inflation or deflation. Stabilization of these factors generally leads to healthy levels of employment. In this book, internationally renowned economist launches a massive attack against the conventional macroeconomic policies. He demasks the claim that macroeconomic policy is to stabilize the economy. He reveals that this claim implies the assumption that the market economy is inherently unstable, and asks: what if when it is not the market economy but politics which produces instability? What if when the policy managers fabricate the opposite of their claim? What if when they do not smoothen the business cycle but make it more extreme? What if monetary policy does not cure inflation but instigates the erosion of the purchasing power of money?
Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics
Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics - 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 Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics write by Hassan Bougrine. This book was released on 2020-07-31. Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics available in PDF, EPUB and Kindle. Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.
The Wreck Of Economic Stabilization Policies
The Wreck Of Economic Stabilization Policies - 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 Wreck Of Economic Stabilization Policies write by Latrina Alsop. This book was released on 2021-08-15. The Wreck Of Economic Stabilization Policies available in PDF, EPUB and Kindle. A stabilization policy seeks to limit erratic swings in the economy's total output, as measured by the nation's gross domestic product (GDP), as well as controlling surges in inflation or deflation. Stabilization of these factors generally leads to healthy levels of employment. In this book, internationally renowned economist launches a massive attack against the conventional macroeconomic policies. He demasks the claim that macroeconomic policy is to stabilize the economy. He reveals that this claim implies the assumption that the market economy is inherently unstable, and asks: what if when it is not the market economy but politics which produces instability? What if when the policy managers fabricate the opposite of their claim? What if when they do not smoothen the business cycle but make it more extreme? What if monetary policy does not cure inflation but instigates the erosion of the purchasing power of money?
Financial Crash & Economic Stabilization Policies
Financial Crash & Economic Stabilization Policies - 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 Financial Crash & Economic Stabilization Policies write by Tiesha Panganiban. This book was released on 2021-08-16. Financial Crash & Economic Stabilization Policies available in PDF, EPUB and Kindle. A stabilization policy seeks to limit erratic swings in the economy's total output, as measured by the nation's gross domestic product (GDP), as well as controlling surges in inflation or deflation. Stabilization of these factors generally leads to healthy levels of employment. In this book, internationally renowned economist launches a massive attack against the conventional macroeconomic policies. He demasks the claim that macroeconomic policy is to stabilize the economy. He reveals that this claim implies the assumption that the market economy is inherently unstable, and asks: what if when it is not the market economy but politics which produces instability? What if when the policy managers fabricate the opposite of their claim? What if when they do not smoothen the business cycle but make it more extreme? What if monetary policy does not cure inflation but instigates the erosion of the purchasing power of money?
