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Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century

John Smithin
4.9/5 (23223 ratings)
Description: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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century. To get started finding Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
1498542824

Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century

John Smithin
4.4/5 (1290744 ratings)
Description: 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century. To get started finding Rethinking the Theory of Money, Credit, and Macroeconomics: A New Statement for the Twenty-First Century, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
1498542824

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