This book provides the first systematic study of the Cantillon effect and its impact on the economy. The author classifies the various channels through which new money can be injected into the economy and shows that is not only the increase in money supply that is important, but also the way in which it occurs.
This book provides the first systematic study of the Cantillon effect and its impact on the economy. The author classifies the various channels through which new money can be injected into the economy and shows that is not only the increase in money supply that is important, but also the way in which it occurs.
Arkadiusz Sierö, PhD, is an assistant professor at the University of Wroc¿aw, Poland. He is a member of the board of the Mises Institute of Economic Education and author of several dozen scientific publications (including in such periodicals as the Quarterly Journal of Austrian Economics and Prague Economic Papers). He received scholarships at The Ludwig von Mises Institute in America (2014 and 2018 Summer Fellowships), won the 2018 Lawrence W. Fertig Prize for the best paper advancing economic science in the Austrian tradition in 2017, and placed third in the 6th International Vernon Smith Prize for the Advancement of Austrian Economics.
Inhaltsangabe
LIST OF ILLUSTRATIONS ACKNOWLEDGMENTS INTRODUCTION CHAPTER I - NEUTRALITY OF MONEY CHAPTER II - THE THEORY OF THE CANTILLION EFFECT CHAPTER III - THE CANTILLON EFFECT IN THE HISTORY OF ECONOMIC THOUGHT CHAPTER IV - CLASSIFICATION OF THE CANTILLON EFFECT CHAPTER V - THE CANTILLON EFFECT AND CREDIT EXPANSION CHAPTER VI - THE CANTILLON EFFECT AND THE SECONDARY CHARACTERISTICS OF THE BUSINESS CYCLE CHAPTER VII - THE CANTILLON EFFECT AND PRICE BUBBLES CHAPTER VIII - THE CANTILLON EFFECT AND INEQUALITIES IN INCOME AND WEALTH CHAPTER IX - THE INTERNATIONAL CANTILLON EFFECT SYNOPSIS AND FINAL CONCLUSIONS APPENDIX REFERENCES
LIST OF ILLUSTRATIONS ACKNOWLEDGMENTS INTRODUCTION CHAPTER I - NEUTRALITY OF MONEY CHAPTER II - THE THEORY OF THE CANTILLION EFFECT CHAPTER III - THE CANTILLON EFFECT IN THE HISTORY OF ECONOMIC THOUGHT CHAPTER IV - CLASSIFICATION OF THE CANTILLON EFFECT CHAPTER V - THE CANTILLON EFFECT AND CREDIT EXPANSION CHAPTER VI - THE CANTILLON EFFECT AND THE SECONDARY CHARACTERISTICS OF THE BUSINESS CYCLE CHAPTER VII - THE CANTILLON EFFECT AND PRICE BUBBLES CHAPTER VIII - THE CANTILLON EFFECT AND INEQUALITIES IN INCOME AND WEALTH CHAPTER IX - THE INTERNATIONAL CANTILLON EFFECT SYNOPSIS AND FINAL CONCLUSIONS APPENDIX REFERENCES
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