This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward...

A Short Post-communist Economic History of Emerging Europe -- Pre-crisis Central Banking -- Bubbles Everywhere (the 2000s)Under the Clouds of the Subprime Crisis (July 2007 – September 2008)The Lehman Tsunami (September – October 2008) -- The “Rescue Team” and Rescue Package (October –...

The functioning of the gold standard has recently been at the heart of explanations of the interwar depression, particularly as a result of the research of Professors Barry Eichengreen and Peter Temin. In The World Economy and National Economies in the Interwar Slump the interaction between the...

Preface -- 1. The Interwar Economic Crisis in Comparative Research Perspective -- 2. Limits of the Possible for Economic Policy Choice -- 3. Protectionism: A Safe Haven or Missed Opportunity? -- 4. Proto-Fordism: Seizing the Moment under Democracy -- 5. Neomercantilism, Mark I, under...

Foreword -- Preface -- List of Contributors -- List of Figures -- List of Tables -- Chapter 1. Introduction -- Part I. Theoretical Foundation of Monetary Policy from Islamic Perspectives -- Chapter 2. Monetary Economics, Monetary Policy and Macroeconomic Model for an ‘Islamic’ Economy --...

Chapter 1 Introduction -- Chapter 2 How is money created? -- Chapter 3 The history of money creation -- Chapter 4 An appraisal of the financial monetary system -- Chapter 5 How does the sovereign money system work? -- Chapter 6 Advantages and disadvantages of the sovereign money system --...

This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.

Part I: Exchange Contracts and the Walrasian Paradigm -- 1. The Paradigm in the Philosophy of Science -- 2. The Walrasian Paradigm in Contemporary Economics -- 3. Basic Elements of an Exchange-Systematized Walrasian Paradigm -- 4. First Potential Applications of an Exchange-Systematized...

1. Why Another Book about Money? -- 2. Imagine a World Without Money -- 3. A Brief History of Money -- 4. Saving, Lending, Borrowing, and the Banking Sector -- 5. Central Banks, Monetary Policy, and the Economy -- 6. The Financial Crisis of 2007-2009 and the Great Recession -- 7. Economic Growth...

Chapter 1. Introduction to the English Edition -- Chapter 2. The Violence of Money (excerpt) -- Chapter 3. Enhancing the Political Economy of Money through History -- Chapter 4. Collective Introduction to La Monnaie souveraine -- Chapter 5. The Monetary Order of Market Economies -- chapter 6....