Austrian Economics, Money and Finance

ISBN-13: 9780367888848 / Angielski / Miękka / 2019 / 204 str.

Thomas Mayer

Opis

This book investigates the problems associated with mainstream monetary economics and finance, and proposes alternatives based on the Austrian school of economics. In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability. From this follows the need for a compr

Spis treści

1. The functions of money and money creation



















2. The concept of inflation






















3. The concept of interest













4. The order of money













5. Debt and property













6. The building blocks of Modern Finance






















7. The failures of Modern Finance













8. How Modern Finance has contributed to financial crises






















9. Building blocks of a theory of Austrian Finance






















10. From theory to practice

O autorze

Thomas Mayer is Founding Director of the Flossbach von Storch Research Institute, Cologne, Germany. He is former Chief Economist of Deutsche Bank Group and has held positions at Goldman Sachs, Salomon Brothers, the International Monetary Fund and the Kiel Institute.