Fluttering Veil (häftad)
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Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
462
Utgivningsdatum
1997-01-01
Förlag
Liberty Fund Inc
Medarbetare
Selgin, George (red.)
Illustratör/Fotograf
index
Illustrationer
index
Dimensioner
230 x 150 x 30 mm
Vikt
760 g
Antal komponenter
1
ISBN
9780865971462

Fluttering Veil

Essays on Monetary Disequilibrium

av Leland B Yeager
Häftad,  Engelska, 1997-01-01
185
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Money's unique and essential role in a free market and monetary disequilibrium as the root cause of the business cycle are principles central to the work of economist Leland Yeager. For three decades he has extolled the pre-eminent importance of money as a source of economic fluctuations whose influence goes well beyond mere changes in interest rates or the price level. Yeager's work discloses the disruptive consequences of 'monetary disequilibrium', or an imbalance of money supply and money demand. Consequently, he argues that well-designed monetary arrangements and policies are important to the success of any free-market economic system. Similarly, he insists that defects in the existing monetary arrangements in 'capitalist' countries are manifestly not inherent in capitalism but are 'alterable consequences' of the misguided or even mischievous interventions of government. The eighteen essays address four general topics: Monetary Disequilibrium and Its Consequences; Monetary Misconceptions; Keynesianism and Other Diversions; and Avoiding Monetary Disequilibrium. In his introduction, Professor George Selgin explains why "our understanding of the monetary foundations of a free society owes a great deal to the writings of Leland Yeager."
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Leland Yeager

Innehållsförteckning

Introduction: the significance of Leland Yeager's monetary writings. Part 1 Monetary disequilibrium and its consequences: "A Cash-Balance Interpretation of Depression" (1956); "Monetarism" (1971); "The Costs, Sources and Control of Inflation" (1981). Part 2 Monetary misconceptions: "Essential Properties of the Medium of Exchange" (1968); "What Are Banks?" (1978); "Individual and Overall Viewpoints in Monetary Theory" (1982); "Inflation, Output and Employment: Some Clarification" (1982); "Money and Credit Confused: An Appraisal of Economic Doctrine and Federal Reserve Procedure" (1986). Part 3 Keynesianism and other diversions: "The Keynesian Diversion" (1973); "The Significance of Monetary Disequilibrium" (1986); "Injection Effects and Monetary Intermediation" (1990); "New Keynesians and Old Monetarists" (1991). Part 4 Avoiding monetary disequilibrium: "Monetary Policy: Before and After the Freeze" (1971); "Stable Money and Free-Market Currencies" (1983); "A Laissez-Faire Approach to Monetary Stability" (1983); "Deregulation and Monetary Reform" (1985); "A Real-GNP Dollar" (1989); "Can Monetary Disequilibrium Be Eliminated?" (1989).

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