Monetary Macroeconomics

A New Approach

By:

Alvaro Cencini

Format:

Hardback

Series:

Routledge International Studies in Money and Banking

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Description

This work provides a new approach to monetary economics, based on the book-keeping nature of money. The main themes of macroeconomics are examined to show how we may improve our understanding through a thorough analysis of their monetary aspects. Money is the key element and its role is investigated in relation to value, prices, profits, capital and interest. Alvaro Cencini's analysis rejects the traditional, net asset definition of money, arguing that despite appearances to the contrary, money is issued by banks as a mere numerical form. It is through its association with production that it is given its positive value, purchasing power. The resulting theory elicits a new understanding of the conditions behind today's monetary disorders and prescribes new remedies to cure them once and for all.

Author Biography:

Alvaro Cencini is Professor of Monetary Theory and Monetary Economics at the Università della Svizzera Italiana and at the Centre for Banking Studies, Lugano, Switzerland. He is also the founder and co-director of the Laboratory of Research in Monetary Economics. His previous publications include Monetary Theory: National and International (Routledge 1995) and Inflation and Unemployment , with M. Baranzini, eds. (Routledge 1996).

Release date Australia

June 28th, 2001

Author

Alvaro Cencini

Audiences

Professional & Vocational
Tertiary Education (US: College)

Pages

240

Series

Routledge International Studies in Money and Banking

Dimensions

156x234x19

ISBN-13

9780415195690

Product ID

1739239

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