{"product_id":"9781349464937","title":"Money, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories","description":"\u003ch1\u003eMoney, Banking, and the Business Cycle: Volume II: Remedies and Alternative Theories\u003c\/h1\u003e \u003ch2\u003eSimpson, B.\u003c\/h2\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\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2014-07-02\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781349464937\u003c\/p\u003e \u003cp\u003eDOI: 10.1057\/9781137336569\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 306\u003c\/p\u003e ","brand":"Palgrave Macmillan US","offers":[{"title":"Default Title","offer_id":47431297892492,"sku":"9781349464937","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781349464937.jpg?v=1775884500","url":"https:\/\/lateknightbooks.com\/products\/9781349464937","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}