{"product_id":"money-banking-and-the-business-cycle-volume-ii-remedies-and-alternative-theories-hardcover","title":"Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories - Hardcover","description":"\u003cp\u003eby \u003cb\u003eB. Simpson\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThe business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume II refutes Keynesian and real business cycle theories and provides policy prescriptions to virtually eliminate the cycle. Simpson offers a detailed analysis of several historical monetary systems around the world and shows the causes and effects of fiat money and fractional-reserve banking, as well as a 100-percent reserve gold standard.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eBrian P. Simpson is Professor and Economist at National University, USA.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 306\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.9 x 9.3 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 02, 2014\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42127631843463,"sku":"9781137340771","price":178.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/c80849c34089a2893a9f9fec2da10203.webp?v=1732589724","url":"https:\/\/booksby.splitshops.com\/products\/money-banking-and-the-business-cycle-volume-ii-remedies-and-alternative-theories-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}