Economic and Financial Crises

This book deals with the structural origins of economic and financial crises. It explains that both economic theories and policies need to be grounded on a monetary macroeconomic analysis of the working of domestic and international economies. The volume outlines reform proposals to make sure that banking activities respect the nature of money.

Autorentext

Alvaro Cencini is Full Professor of Monetary Economics at the University of Lugano, Switzerland. He has a DPhil degree from the University of Fribourg and a PhD degree from the London School of Economics. He has collaborated with Bernard Schmitt for 44 years and is the author of several books and papers on quantum monetary macroeconomics.

Sergio Rossi is Full Professor of Macroeconomics and Monetary Economics at the University of Fribourg, Switzerland. He has a DPhil degree from the University of Fribourg and a PhD degree from University College London. His research interests are in the area of monetary economics. He has authored and edited many books, contributed several chapters to books, and widely published in international journals.

Inhalt
PART I: MODERN PRINCIPLES OF MONETARY MACROECONOMICS 1. The Monetary Macroeconomics Of Modern Economic Systems 2. The Macroeconomic Laws Of Monetary Production Economies PART II: BUSINESS CYCLE AND CRISIS THEORIES: A FUNDAMENTAL CRITIQUE 3. Business Cycles Versus Boom-And-Bust Cycles 4. From Monetarism To The New Classical Synthesis 5. From Keynes To Post-Keynesian Economics 6. Economic Crises And Their Relationship To Global Supply And Global Demand PART III: THE MONETARY MACROECONOMICS OF CRISES 7. Capital Accumulation And Economic Crises 8. Interest, Rate Of Interest, And Crises 9. The International Dimension Of Financial Crises 10. Reforming Domestic Payment Systems 11. Reforming The International Monetary System