By looking at the macroeconomic frameworks and experiences of countries such as Germany, Sweden, and Switzerland, Restoring Sustainable Macroeconomic Policies in the U.S. presents a way for the United States to normalize fiscal and monetary policy in order to achieve sustainable debt in the post-COVID-19 era.
How Popular Misconceptions about Inflation, Prices, and Value Create Bad
Was inflation’s recent spike exacerbated by corporate greed? Do rent controls really help the needy? Are U.S. health care prices set in a Wild West marketplace? Do women get paid less than men for the same work, and do they pay more than men for the same products? The War on Prices is an eye‐opening book that answers all these burning ......
Slowing economic growth and debt fatigue continue to hamper fiscal policy in the United States. The question is whether there is an alternative path to the one projected in CBO long term forecasts, and if so, how citizens can choose this alternative path. The experiences of Germany, Sweden, and Switzerland reveal that an alternative path of ......
The Landmark Court Battle over Argentina's $100 Billion Debt Restructuri
The dramatic inside story of the most important case in the history of sovereign debt law
Unlike individuals or corporations that become insolvent, nations do not have access to bankruptcy protection from their creditors. When a country defaults on its debt, the international financial system is ill equipped to ......
The interdisciplinary chapters in this volume explore how the Austrian, Virginia, and Bloomington schools of political economy can help us to understand culture, sociality and morality.
Assessing the potential benefits and risks of a currency union. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how Economic Community of West African States could achieve and manage its currency union, andthe ramifications for the African continent.
Reforming Government's Role in the Monetary System
50 years ago, an important volume, In Search of a Monetary Constitution, was published, focusing on the need for a monetary constitution-constraints on the creation of money by the government. Commemorating the volume's 50th anniversary, this title seeks to spark a new discussion of the vital issue of constitutional monetary reform.
Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an international role for its currency akin to the international role currently played by the US dollar. This book deals with this topic.
Once we paid for things with bills, coins, or checks. Today we pay with zeroes and ones -digital entries on credit and debit cards, or electronic messages sent over the Internet.
East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including America's ballooning current account deficit.
Most of the analysis of Latin American exchange rate problems and policies has concentrated on the economic side of things. This volume instead examines the politics of exchange rate management in four nations that had very different approaches and results.
This treatise, written in 1923 by the renowned proponent of deficit spending, is devoted to the need for stable currency as the indispensable foundation to a healthy world economy. Keynes begins by laying out data showing the serious fluctuations in the value of money that began in 1914 and subjected North America, Europe, and India to injurious ......
The European economic and monetary union has changed the structure of international monetary relations fundamentally. In this book two experts--one European, the other American--offer transatlantic perspectives on the ramifications of the monetary union and the launch of the euro.
In recent years, the major industrialized nations have developed cooperative procedures for supervising banks, harmonized their standards for bank capital requirements, and initiated cooperative understanding about securities market supervision. This book assesses what further coordination and harmonization in financial regulation will be required ......
In recent years, the major industrialized nations have developed cooperative procedures for supervising banks, harmonized their standards for bank capital requirements, and initiated cooperative understanding about securities market supervision. This book assesses what further coordination and harmonization in financial regulation will be required ......
Describes and analyses the relationship between the World Bank and the International Monetary Fund (IMF) from the Bretton Woods conference in 1944 to the present. Jacques J. Polak focuses primarily on this period from the 1970s when both the Fund and the Bank strove to meet developing countries' pressing needs for macroeconomic stabilization and ......
Argues that open competition among private firms could provide a monetary system better than that currently provided by state monopolized central banks, indicating how monetary uncertainty is brought on by cycles of inflation and disinflation inherent in the system.
Paul Davidson is one of America's most prolific academic economists. Editor of the Journal of Post-Keynesian Economics and holder of the Holly chair of Excellence at the University of Tennessee, Professor Davidson has written broadly over thirty years on topics as diverse as income distribution, oil and natural resource use, economietric models, ......
