Monetary Theory And Policy From Hume And Smith To Wicksell

Monetary Theory and Policy from Hume and Smith to Wicksell PDF Book Detail:
Author: Arie Arnon
Publisher: Cambridge University Press
ISBN: 113949208X
Size: 37.41 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages :
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Book Description: This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output and accumulation of wealth; and finally, what they thought about monetary policy.

Perspectives On Keynesian Economics

Perspectives on Keynesian Economics PDF Book Detail:
Author: Arie Arnon
Publisher: Springer Science & Business Media
ISBN: 9783642144097
Size: 50.42 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 304
View: 1706

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Book Description: This book combines historical and policy-oriented perspectives on the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part focuses on historical, theoretical, and methodological issues, and puts them in context with current developments. The second part focuses on the application of the Keynesian approach to modeling the economy, policy-making, and analyzing the ongoing crisis of the early 21st century. Bringing together contributions by leading macroeconomists such as Laidler, Cukierman, Colander and Boyer, and leading historians of economics such as Hollander, Boianovsky, Marcuzzo, Dimand, Witztum, Young, deVroey and Arnon, the book offers a comprehensive overview of Keynesian economics today. One of the book’s most essential features are the commentaries on the papers, which promote a cross-fertilization between macroeconomists and historians of economics, providing, in conjunction with the papers themselves, a balanced outlook on the current relevance of Keynesian economics.

Geld Und Krise

Geld und Krise PDF Book Detail:
Author: Klaus Kraemer
Publisher: Campus Verlag
ISBN: 3593502968
Size: 29.96 MB
Format: PDF, ePub
Category : Social Science
Languages : de
Pages : 310
View: 5912

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Book Description: Geldordnungen und Geldkrisen sowie ihre sozialen Grundlagen stehen in diesem Band im Zentrum: Die Autoren beleuchten Geld und Geldkrisen in der Geschichte, in der soziologischen Theorie, in Bezug auf die Eurokrise und schließlich mit Blick auf die Zukunft des Geldes einschließlich alternativer Geldmodelle. Mit Beiträgen von Florian Brugger, Christoph Deutschmann, Heiner Ganßmann, Joseph Huber, Klaus Kraemer, Sebastian Nessel, Michael North, Christian Postberg, Jenny Preunkert, Manfred Prisching und Georg Vobruba.

Karl Marx

Karl Marx PDF Book Detail:
Author: Udo Kern
Publisher: Springer-Verlag
ISBN: 3658248424
Size: 45.33 MB
Format: PDF, Mobi
Category : Political Science
Languages : de
Pages : 138
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Book Description: Um die heutige Welt zu begreifen, sollten wir uns nach Präsident Macron mit dem Werk „Das Kapital“ von Marx beschäftigen. Tatsächlich stellt sich nach der Finanzkrise 2007/2008 und nach Karl Marx' 200. Geburtstag im Jahr 2018 die Frage, wie aktuell sein Werk auch oder vielleicht gerade heute noch ist. In diesem Fachbuch werden deshalb verschiedene Aspekte aus dem Leben und Werk von Karl Marx beleuchtet. Dabei verfolgen die Autoren, Forscher der Universität Rostock, einen interdisziplinären Ansatz und behandeln sowohl Marx' Religionskritik als auch die Frage nach seinem politischen Denken. Thematisiert werden Marx' Interpretationen von Kapital und Geld sowie sein Kommunismusverständnis und sein Kapitalverstehen. War Karl Marx ein politischer Denker? Kann Karl Marx die Finanzkrise 2007/08 erklären und wenn ja, vielleicht sogar besser als der ökonomische Mainstream? Welchen Stellenwert kann seiner Philosophie und seiner Geld- und Kredittheorie beigemessen werden? Stimmen Kernaussagen seiner Kapitalismuskritik? In sechs Kapiteln, die auch unabhängig voneinander gelesen werden können, gehen die Autoren eingehend auf diese Fragen und Themen ein.

Geldmarktsteuerung Und Krisenpr Vention

Geldmarktsteuerung und Krisenpr  vention PDF Book Detail:
Author: Christopher Scholz
Publisher: Mohr Siebeck
ISBN: 9783161542077
Size: 11.74 MB
Format: PDF, ePub
Category : Law
Languages : de
Pages : 327
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Book Description: English summary: The Reichsbank was set up in 1875 as the German Empire's first state-controlled bank with private shareholders. Christopher Scholz examines the legal historical reasons for this within a European context. German description: Die Reichsbank wurde durch das Bankgesetz von 1875 als erste gesamtdeutsche Zentralbank mit privaten Anteilseignern und gleichzeitig unter oberster Leitung des Reichskanzlers gegrundet. Die Mitarbeiter der Bank waren Beamte und unterlagen staatlichen Weisungen. Warum behielt der Staat sich die wesentlichen Entscheidungen bei der Banknotenausgabe vor? Christopher Scholz untersucht die Geschichte der Zentralbanken Englands, Frankreichs und Osterreichs sowie einzelstaatlicher deutscher Notenbanken, insbesondere der preussischen. Er zeigt, dass eine staatliche Leitung der Zentralbank keineswegs selbstverstandlich war. Dies unterstreicht er zudem durch die Darstellung der wirtschaftswissenschaftlichen Dogmengeschichte. Vor diesem Hintergrund arbeitet der Autor die Grunde fur die staatliche Leitung der Reichsbank anhand einer quellengestutzten Betrachtung des Gesetzgebungsverfahren heraus.

The History Of Economic Thought

The History of Economic Thought PDF Book Detail:
Author: Steven G Medema
Publisher: Routledge
ISBN: 1136742883
Size: 70.78 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 770
View: 7245

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Book Description: From the ancients to the moderns, questions of economic theory and policy have been an important part of intellectual and public debate, engaging the attention of some of history’s greatest minds. This book brings together readings from more than two thousand years of writings on economic subjects. Through these selections, the reader can see first-hand how the great minds of past grappled with some of the central social and economic issues of their times and, in the process, enhanced our understanding of how economic systems function. This collection of readings covers the major themes that have preoccupied economic thinkers throughout the ages, including price determination and the underpinnings of the market system, monetary theory and policy, international trade and finance, income distribution, and the appropriate role for government within the economic system. These ideas unfold, develop, and change course over time at the hands of scholars such as Aristotle, St. Thomas Aquinas, John Locke, François Quesnay, David Hume, Adam Smith, Thomas Robert Malthus, David Ricardo, John Stuart Mill, Karl Marx, William Stanley Jevons, Alfred Marshall, Irving Fisher, Thorstein Veblen, John Maynard Keynes, Milton Friedman, and Paul Samuelson. Each reading has been selected with a view to both enlightening the reader as to the major contributions of the author in question and to giving the reader a broad view of the development of economic thought and analysis over time. This book will be useful for students, scholars, and lay people with an interest in the history of economic thought and the history of ideas generally.

Money And The Rule Of Law

Money and the Rule of Law PDF Book Detail:
Author: Peter J. Boettke
Publisher: Cambridge University Press
ISBN: 110884619X
Size: 17.32 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages :
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Book Description: Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.

New Perspectives On Political Economy And Its History

New Perspectives on Political Economy and Its History PDF Book Detail:
Author: Maria Cristina Marcuzzo
Publisher: Springer Nature
ISBN: 3030429253
Size: 44.88 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 406
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Book Description: This Festschrift is published in honour of Annalisa Rosselli, a political economist and historian of economic thought, whose academic activity has promoted unconventional ways of thinking throughout her career. A renowned list of scholars articulate and respond to this vision through a series of essays, leading to an advocacy of pluralism and critical thinking in political economy. The book is split into five parts, opening with a section on new topics for the history of economic thought including new perspectives in gender studies and an illustration of the fecundity of the link with economic history. This is followed by sections that address relevant perspectives on the Classical approach to distribution and accumulation, Ricardo, interpretation of Sraffa and the legacy of Keynes. This book will appeal to students interested in reforming economics, as well as academics and economists interested in political economy and the history of economic thought.

Research In The History Of Economic Thought And Methodology

Research in the History of Economic Thought and Methodology PDF Book Detail:
Author: Luca Fiorito
Publisher: Emerald Group Publishing
ISBN: 1838677097
Size: 58.56 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 248
View: 4945

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Book Description: Volume 38C features a symposium on the economic thought of Sir James Steuart. In addition, the volume contains new general-research essays on Milton Friedman’s 1975 visit to Chile, Keynes and Pigou on employment and equilibrium, and a brief correspondence between Karl Popper and Leonard Savage.