Credit And The Two Sources From Which It Springs: The Propensity To Save And The Propensity To Consume - VOLUME I - The Essentials

Author:   Antal E Fekete ,  Peter M Van Coppenolle
Publisher:   Pintax Cvba
Edition:   Scholarly ed.
Volume:   1
ISBN:  

9789082065534


Pages:   234
Publication Date:   10 April 2019
Format:   Hardback
Availability:   Available To Order   Availability explained
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Credit And The Two Sources From Which It Springs: The Propensity To Save And The Propensity To Consume - VOLUME I - The Essentials


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Author:   Antal E Fekete ,  Peter M Van Coppenolle
Publisher:   Pintax Cvba
Imprint:   Pintax Cvba
Edition:   Scholarly ed.
Volume:   1
Dimensions:   Width: 15.20cm , Height: 1.90cm , Length: 22.90cm
Weight:   0.576kg
ISBN:  

9789082065534


ISBN 10:   9082065533
Pages:   234
Publication Date:   10 April 2019
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Available To Order   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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When we met, Antal E. Fekete was hardly known. Today he is read around the world, as he fully deserves to be. I am proud to call this man my friend. His thinking is as fresh and profound as ever; his erudition is classic, hard to be found in economic circles today. - Hugo Salinas Price, President Mexican Civic Association Pro Silver Antal Fekete's astute observations cut through the hubris of both J.M. Keynes and M. Friedman. Understanding that producers and savers, not governments, are the lifeblood of functioning free economies, Prof. Fekete once again places human endeavour squarely in the centre of modern economic theory - Darryl Robert Schoon I highly recommend that everyone attend as many of the professor's live seminars as possible because the full effect of his greatness is best appreciated in person, especially for the layman. You never know, the experience may turn out to be as priceless in retrospect as having attended a lecture by Adam Smith, Sir Isaac Newton or Albert Einstein before they were recognised for their greatness. Whether you get a chance to catch the professor live or not, all of his writings are a must read for the sincere student of money, gold, finance and economics. - Tom Szabo


Author Information

Antal E. Fekete, Professor, Memorial University of Newfoundland, was born in Budapest, Hungary, in 1932. He graduated from the Loránt Eötvös University of Budapest in mathematics in 1955. He left Hungary in the wake of the 1956 anti-Communist uprising that was brutally put down by the occupying Soviet troops. He immigrated to Canada in the following year and was appointed Assistant Professor at the Memorial University of Newfoundland in 1958. In 1993, after 35 years' of service he retired with the rank of Full Professor. During this period he also had tours of duty as visiting professor at Columbia University in the City of New York (1961), Trinity College, Dublin, Ireland (1964), Acadia University, Wolfville, Nova Scotia (1970), Princeton University, Princeton, New Jersey (1974). Since 2005 he has been Professor at Large of Intermountain Institute for Science and Applied Mathematics (IISAM), Missoula, Montana. Professor Fekete is an autodidactic expert on monetary economics. During his associations with various universities and institutions he has done research and lectured on economics. On one such occasion, in 1974, he gave a talk on gold in the seminar of Paul Volcker, then Senior Fellow at Princeton University, soon to be named as President of the Federal Reserve Bank of New York and, later, as Chairman of the Federal Reserve Board. In 1984 Professor Fekete was invited by the American Institute for Economic Research in Great Barrington, Massachusetts, to spend a year there as Visiting Fellow. He served as Editor of the Monograph Series of the Committee for Monetary Research and Education, then headquartered in Greenwich, Connecticut, while contributing several monographs to the Series, reproduced on his website. He also acted as Senior Editor for the American Economic Foundation in Cleveland, Ohio, and produced the popular pamphlet series Ten Pillars of Sound Money, also reproduced in Volume I of this series. When in 1984 South Africa celebrated the 100th anniversary of discovering gold in the Witwatersrand, at the conference Gold 100 commemorating that event in Johannesburg, Professor Fekete delivered the keynote address entitled Gold in the International Monetary System, also reproduced on his website. In 1985 Congressman William E. Dannemeyer of Fullerton, California, invited Professor Fekete to join his staff in Washington, D.C., to work on fiscal and monetary reform. While on this assignment, lasting for five years, he gave numerous lectures on Capitol Hill as well as in California. Ultimately the proposals hammered out in Congressional offices under his chairmanship were taken to the White House by a delegation of ten Republican Congressmen led by Congressman Dannemeyer. According to these proposals the runaway government deficit could be reined in by refinancing the entire U.S. government debt through issuing gold bonds. The historic meeting took place in the Oval Office in October, 1989, and was duly reported by The New York Times. Having listened attentively to the presentation of Mr. Dannemeyer, President George Bush, Sr., instructed his Treasury Secretary, also present at the meeting, to let the Congressional and Treasury staff meet and put forward a joint proposal. This initiative came to nought as the Treasury deliberately derailed negotiations through procrastination.

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