Name: Soft Currency Economics ii: The Origin of Modern Monetary Theory: Volume 1 (Mmt - Modern Monetary Theory) (en Inglés)
Price: 29670.00 CLP
Availability: InStock
Author: Mosler, Warren
ISBN: 9781482735437

portada Soft Currency Economics ii: The Origin of Modern Monetary Theory: Volume 1 (Mmt - Modern Monetary Theory) (en Inglés)

Formato

Libro Físico

Autor

Warren Mosler

Editorial

Createspace Independent Publishing Platform

Año

2013

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

22.9 x 15.2 x 0.5 cm

Peso

0.14 kg.

ISBN13

9781482735437

N° edición

Categorías

Economía monetaria

Soft Currency Economics ii: The Origin of Modern Monetary Theory: Volume 1 (Mmt - Modern Monetary Theory) (en Inglés)

Warren Mosler (Autor) · Createspace Independent Publishing Platform · Tapa Blanda

Libro Nuevo

$ 29.670

$ 41.210

Ahorras: $ 11.540

28% descuento

Envío normal

Origen: Estados Unidos (Costos de importación incluídos en el precio)

Se enviará desde nuestra bodega entre el Martes 11 de Junio y el Viernes 21 de Junio.

Lo recibirás en cualquier lugar de Chile entre 1 y 3 días hábiles luego del envío.

Reseña del libro "Soft Currency Economics ii: The Origin of Modern Monetary Theory: Volume 1 (Mmt - Modern Monetary Theory) (en Inglés)"

Soft Currency Economics is the little book that could logically, in both real and nominal terms, legitimately challenge many of the core held beliefs of the mainstream classical and neo-classical schools of economics. It is a corner stone publication for the new, widely popular fresh approach to economics that has come to be called Modern Monetary Theory (MMT). It explains with actual facts, not theory, and with non-technical language, the true operational realities of our monetary system (central banks and private banks). The author, a 40 year 'insider' in monetary operations, and a very successful fixed income hedge fund manager, wrote this book in 1993 after witnessing the markets drastically discount sovereign debt on the errant belief that market forces could force nations into default on debt payable in their own currency, and that austerity was the only solution. This was contrary to the author's understanding of what are called fiat currencies, where governments always have the ability to meet all obligations in a timely manner. As a result of this experience, the author took up the task of educating government officials on how the monetary system operated with the hope that with this understanding they would be free to ensure that the government acted for the public purpose and achieved their stated goals of full employment and price stability. Initially published in 1993, this book will utterly convince many readers that what they thought they knew about monetary policy is wrong. The book describes: what is money; why debt monetization and the money multiplier are myths; how fiscal and monetary policy can be used effectuate full employment; deficits do not cause countries to default on their debt unless that is the decision.