Money, Banking, and the Business Cycle: 2 by Brian P. Simpson
English | 2 July 2014 | ISBN: 1137340770 | 320 Pages | PDF | 3 MB
The business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term.