عنوان

Banking and Monetary Policy from the Perspective of Austrian Economics /

(Number (ISBN

3319758179

(Number (ISBN

9783319758176

Erroneous ISBN

3319758160

Erroneous ISBN

9783319758169

Title Proper

Banking and Monetary Policy from the Perspective of Austrian Economics /

General Material Designation

[Book]

First Statement of Responsibility

Annette Godart-van der Kroon, Patrik Vonlanthen, editors.

Place of Publication, Distribution, etc.

Cham, Switzerland :

Name of Publisher, Distributor, etc.

Springer,

Date of Publication, Distribution, etc.

2018.

Specific Material Designation and Extent of Item

1 online resource

Text of Note

Intro; Preface; Information About the Institutes; Ludwig von Mises Institute Europe; The Swiss Mises Institute; Contents; List of Contributors; Introduction; 1 Part I; 2 Part II; 3 Part III; Part I: Misesś and Hayekś Ideas on Banking and Monetary Policy from a Historical, Economic Point of View; Mises ́Monetary Theory; 1 Historical Background; 1.1 The Classical Revolution; 1.2 The Bullion Controversy; 1.3 Ricardo and the Currency School; 1.4 The Banking School; 1.5 Peelś Act and the Consequences; 1.6 A New Orthodoxy; 1.7 Departure from Classical Economics; 1.8 Welcome to State Dirigisme

Text of Note

2 A Masterpiece from Vienna2.1 The Austrian School of Economics; 2.2 The Nature of Money; 2.3 The Value of Money; 2.4 Theory of Fiduciary Media and Fiduciary Credit; 2.5 Monetary and Banking Policy; References; Money: Capital Good, Consumers ́Good, or (Media of) Exchange Good?; 1 Introduction; 2 Mises; 3 Rothbard; 4 Hoppe et al.; 5 Conclusion; References; The Trend of Economic Thinking on Markets and Money: What Is Hayekś Position on These Issues?; 1 Introduction: Vision and World View; 2 Vision and Public Opinion in Hayekś ``The Trend of Economic Thinkinǵ́

Text of Note

2 Convergence Expectations cum Monetary Expansion: The Boom of the 2000s3 The Crisis and the ECB; 4 (Unintended) Consequences of ECB Stabilization Policies?; 4.1 An Austrian View on ECB Policies; 4.2 Evidence of Adverse Effects of ECB Policies on Bank Lending and Investment; 4.3 The Return of State Banking; 4.4 Evidence of Adverse Effects on Reform Process; 4.5 Government Benefits; 5 Summary; References; The Failure of ECB Monetary Policy from a Mises-Hayek Perspective; 1 Introduction; 2 Monetary Overinvestment Theories and Boom-and-Bust Cycles

Text of Note

3 Hayekś Transformation of His Vision of the Market4 World View of the Market and Its Error; 5 Hayekś Position on Vision and World View of the Market; 6 Hayekś Position on Vision and World View of Money; 7 The Relation of Vision and World View for Hayek and Keynes; 8 A Comprehensive System of Economics for the Economist and the Public; References; Part II: The Measures Taken by the ECB Considered in the Light of the Ideas of Mises and Hayek; What Is Wrong with the 2% Inflation Target?; 1 Power to Target Inflation in Doubt; 2 Natural Rhythm of Prices Defies Targeting

Text of Note

3 Monetarism and Ersatz Gold4 A Dislodged Monetary Pivot Means Price Inertia and Institutionalism; 5 How Money Breaks Inertia; 6 From Great Inflation to New Episodes of Inflation Inertia; 7 How Did We Get to the 2% Inflation Standard?: Origins; 8 A Fateful FOMC Meeting on 2% Inflation; 9 The 2% Inflation Standard Goes Global; 10 Europeś Fateful Entry to 2% Inflation Standard; 11 The Journey Away from 2% Inflation; 12 Public Esteem for Sound Money; References; Unintended Consequences of ECB Policies in Europe; 1 Introduction

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Text of Note

This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europe's current financial crisis. The first part of the book discusses Ludwig von Mises's and Friedrich August von Hayek's ideas on banking and monetary policy from both historical and economic standpoints. It includes contributions on Austrian monetary dynamics and micro-foundational business cycle theory, von Mises's concepts of liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures taken by the European Central Bank (ECB) in light of the ideas of von Mises and Hayek. It includes contributions on non-neutrality of money, ECB monetary policy, and the future of the ECB. The third and final part presents discussions on monetary reforms, including contributions on Bitcoins, Cryptocurrencies and anti-deflationist Paranoia.--

Source for Acquisition/Subscription Address

Springer Nature

Stock Number

com.springer.onix.9783319758176

Title

Banking and Monetary Policy from the Perspective of Austrian Economics.

International Standard Book Number

9783319758169

Banks and banking-- Europe.

Monetary policy-- Europe.

Banking.

Banks and banking.

BUSINESS & ECONOMICS-- Finance.

Economic & financial crises & disasters.

Economic history.

Macroeconomics.

Monetary policy.

Public finance.

Europe.

7

BUS-- 027000

Number

Edition

Class number

Godart-Van der Kroon, Annette

Vonlanthen, Patrik

Date of Transaction

20200823110334.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y