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Monetary Macroeconomics

A New Approach

Monetary Macroeconomics by Alvaro Cencini
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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.
Taylor and Francis; December 2003
237 pages; ISBN 9781134645299
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Title: Monetary Macroeconomics
Author: Alvaro Cencini
 
ISBNs
0203210840
9780203210840
9780415195690
9781134645299
9781134645305