Monetary Macroeconomics: A New Approach by Alvaro CenciniMonetary Macroeconomics: A New Approach by Alvaro Cencini

Monetary Macroeconomics: A New Approach

byAlvaro CenciniEditorAlvaro Cencini

Hardcover | July 25, 2001

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This book provides the grounding for 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.
Alvaro Cencini is Professor of Monetary Theory and Monetary Economics at the Universit'ella 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 includeMonetary Theory: National and Internationa...
Title:Monetary Macroeconomics: A New ApproachFormat:HardcoverDimensions:240 pages, 9.21 × 6.14 × 0.8 inPublished:July 25, 2001Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415195691

ISBN - 13:9780415195690