Monetary Economics 102: The Formation of Interest & The Link With Gold - Couverture souple

Fekete, Prof Antal E.

Couverture souple

ISBN 10 : 1705547990 ISBN 13 : 9781705547991

Editeur : Independently published, 2019

Synopsis

Monetary Economics 102 is the second series of 13 Lectures given by Prof. Fekete in Hungary in the summer of 2003. It is a normal people's guide to money and economics, written for those who want to understand how money works. It requires no background in mathematics and makes no use of jargon nor heavy equations. Bestselling heterodox economist Antal Fekete draws on the background of the so-called austrian economic tradition, yet knowledge of it is no pre-requisite either. The Austrian economic school is something for the connoisseur, yet this book was written with the interested novice in mind. Fekete explains the general principles underlying honest money in readable, yet erudite language. He shows a visceral indignation for academic and governmental dishonesty in money matters and backs all his claims up in endnote references, bibliographies and plain logic, just like any other academic publisher would do. The interested reader can pursue these further, if so wished. With an unsurpassed erudition on money, banking and international trade, this is the first heterodox textbook outside of mainstream theory for anyone interested party who wishes to understand how a proper economy functions. That is, under a circulating gold coin standard, compared to our present monetary arrangements. The developed theory applies to both cases. This first edition includes the position that under a gold standard, decentralised decision making rests with the sovereign consumer, who determines the height of the discount rate by his propensity to consume, which affects the employment situation in all other markets. Under a gold standard, there is no need for a disconnected 'macro-economics' program, leading people to believe that economic science is no more than econometrics. Reading this series will help that misunderstanding out of this world. Drawing on a vast erudition and contemporary as well as historical facts, Fekete explains austrian economic principles for the general public in eloquent English.

Détails de l'édition

• Éditeur: Independently published
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1705547990
• ISBN 13: 9781705547991
• Reliure: Broché
• Nombre de pages: 212
• Éditeur: Van Coppenolle Peter M.
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg