In this chapter we are going to begin to build the necessary foundation to understand
modern money. Please bear with us. It may not be obvious at first why this is important. But …

The recent availability of cross-sectional and longitudinal survey data on life satisfaction in a
large number of countries gives us the opportunity to verify empirically (and not just to …

We extend the happiness literature on the welfare costs of inflation and unemployment by
looking at age and job market characteristics. Our findings show that the relative welfare cost …

El esfuerzo intelectual que se realizó en el campo de la física tras la aparición de la teoría
de la relatividad o del modelo copernicano, no se llevó a cabo en la economía tras la …

Dünya ekonomisinde son yirmi yılda yaşanan hızlı finansallaşma, giderek sıklaşan ve
yaygınlaşan ekonomik krizleri beraberinde getirmiştir. Küresel ekonominin yaşadığı temel …

In academic and policy circles, the assumption is often made that the Fed and the European
Central Bank (ECB) have a perfectly identical understanding of what monetary policy can …

President Dimitri B. Papadimitriou and Senior Scholar L. Randall Wray argue that the
common diagnosis of a" sovereign debt crisis" ignores the crucial role of rising private debt …

Метою статті є аналіз аргументів представників кейнсіанства проти сучасної парадигми
незалежності центральних банків. За результатом дослідження встановлено, що …

The current approaches to the Greek and eurozone crises that are being pushed by
Germany, France and the European Union are failing because they suffer from a fatal …

Le conseguenze dell'abbandono del gold standard e dell'adozione di un modello di moneta
fiat non sono state comprese. La verità è che i libri di testo di macroeconomia sarebbero …