Introduction; Part I. Theory: 1. Reflections on the current state of monetary economics; 2. How finance differs; 3. The ideal banking system; 4. Restricted banking; 5. Market equilibrium; 6. From the corn economy to the monetary economy; 7. Towards a general equilibrium theory of credit; Part II. Applications: 8. Monetary policy; 9. Regulatory policy and the new paradigm; 10. Financial market liberalization; 11. Restructuring the banking sector; 12. Regional downturns and development of monetary policy; 13. The East Asia Crisis; 14. The 1991 US recession and the recovery; 15. The new paradigm and the new economy; 16. Concluding remarks.
Introduction
Part I. Theory: 1. Reflections on the current state of monetary economics
2. How finance differs
3. The ideal banking system
4. Restricted banking
5. Market equilibrium
6. From the corn economy to the monetary economy
7. Towards a general equilibrium theory of credit
Part II. Applications: 8. Monetary policy
9. Regulatory policy and the new paradigm
10. Financial market liberalization
11. Restructuring the banking sector
12. Regional downturns and development of monetary policy
13. The East Asia Crisis
14. The 1991 US recession and the recovery
15. The new paradigm and the new economy
16. Concluding remarks.