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Chapter 1. Introduction -- Chapter 2. The Risk and Time Value of Money -- Chapter 3. Sustainability in Finance: Frameworks, Standards and Scores -- Chapter 4. The Space Value of Money -- Chapter 5. Implications for Money Mechanics -- Chapter 6 Conclusion.
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The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with...
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Ralph Hawtrey, a leading economist of the interwar period, published his first work in economics, Good and Bad Trade, in 1913. The book presents the key elements of the theoretical model Hawtrey developed and refined over the next quarter century. Though he was remarkably consistent in...
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The first monetary theory of the Great Depression is often credited to Milton Friedman. Advanced to counter the idea that the Great Depression resulted from inherent capitalistic instabilities, Friedman's theory attributed the Depression to policy mistakes by an inept Federal Reserve Board. More...
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