A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking

Author:   Edward W. Fuller ,  Warren Young
Publisher:   Taylor & Francis Ltd
ISBN:  

9781032867595


Pages:   210
Publication Date:   17 February 2025
Format:   Hardback
Availability:   In Print   Availability explained
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A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking


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Author:   Edward W. Fuller ,  Warren Young
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.480kg
ISBN:  

9781032867595


ISBN 10:   1032867590
Pages:   210
Publication Date:   17 February 2025
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction. The Problem of the Business Cycle 1. The Time Value of Money 2. Net Present Value, Prices, and Cash Flows 3. Net Present Value and the Interest Rate 4. Net Present Value and the Business Cycle 5. Loan Banking and Deposit Banking 6. Fractional Reserve Banking 7. Central Banking 8. From Böhm-Bawerk and Fisher to Hayek 9. Keynes versus Fisher and Hayek 10. Modern Macroeconomics, Fractional Reserve Banking, and the Business Cycle 11. A History of the 100 percent Reserve Banking Proposal Index

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Author Information

Edward W. Fuller, MBA, is the author and editor of five books on economics. His latest volumes are A Source Book on Early Monetary Thought and Reinterpreting Mr. Keynes: The IS-LM Enigma Revisited (with W. Young). He has published dozens of articles in a wide variety of forums, such as Cambridge Journal of Economics, Resources Policy, and The Independent Review. Warren Young, Ph.D (Cantab.), D.Litt (Cantab), is Emeritus Professor, Economics, Bar Ilan University, Israel and visiting scholar, Tepper School of Business, Carnegie-Mellon University. He is author and editor of many books and papers on the history of Modern Economics. His latest volume is Overlapping Generations (with S. Spear). His books for Routledge include Real Business Cycle Models in Economics.

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