ABSTRACT
This work challenges traditional monetary theory by focusing on the role of banks and provides a new insight into the role played by bank money and capital accumulation. An international team of contributors reappraise analyses of the inflation and unemployment developed by Marshall, Keynes and Robertson. This volume is published in association with the Centre for the Study of Banking in Switzerland.
TABLE OF CONTENTS
part 1|55 pages
Inflation and Unemployment: A Monetary and Structural Framework for Analysis
part 2|58 pages
Inflation and Deflation as Monetary Pathologies
part 3|40 pages
Learning from the Past
chapter 6|26 pages
Unemployment and Price Stability
Aspects of the Marshallian legacy on the monetary economy
