MONEY, BANK CREDIT, AND ECONOMIC CYCLES phần 3 potx

... equal quantity and quality (the tantundem). Nevertheless, even though a 178 Money, Bank Credit, and Economic Cycles [t]he bank is expert on where its loans should be made and to whom, and reaps the ... a deposit and hands over the money based on that assumption, and the other receives the money as if it were a loan or mutuum and based on that 140 Money, Bank Cre...

Ngày tải lên: 09/08/2014, 19:21

... funds, but also by England’s inability to repay its loans and the drastic fall in the 70 Money, Bank Credit, and Economic Cycles in effect, and contrary to the original plan, the banks became credit ... total assets and was therefore inadequate to meet the bank s obligations during the recession period. 62 The Medici Bank eventually failed and all 74 Money, Bank Cr...

Ngày tải lên: 09/08/2014, 19:21

... detail the 238 Money, Bank Credit, and Economic Cycles account books that deposits back the wealth bankers appro- priate upon expanding their credit. From an accounting (but not a legal) standpoint, ... Institute, 2000), pp. 27 and 62. 272 Money, Bank Credit, and Economic Cycles just before they were reached, and therefore no end would ever be achieved and human...

Ngày tải lên: 09/08/2014, 19:21

... profit and interest. 52 33 0 Money, Bank Credit, and Economic Cycles 50 See David Ricardo, The Works and Correspondence of David Ricardo, vol. 1: On the Principles of Political Economy and Taxation, ... Social- ismo, cálculo económico y función empresarial, chaps. 2 and 3. 33 8 Money, Bank Credit, and Economic Cycles TABLE V-4 G ROSS INCOME AND NET INCOME...

Ngày tải lên: 09/08/2014, 19:21

... consumers’ 434 Money, Bank Credit, and Economic Cycles 32 A detailed study of recovery and its different phases can be found on pp. 38 –82 of Hayek’s book, Profits, Interest and Investment. See also pp. 31 5–17 ... the harmonious cooperation among people and to their economic and social development. 54 Specifically it is 456 Money, Bank Credit, and Economic...

Ngày tải lên: 09/08/2014, 19:21

... money. 50 Nevertheless 542 Money, Bank Credit, and Economic Cycles and also “Business Cycles: Real Facts and Monetary Myth,” Federal Reserve Bank of Minneapolis Quarterly Review 14 (1990): 3 18. Authors of these and ... investment would have to be saved. 65 552 Money, Bank Credit, and Economic Cycles 65 Hayek, The Pure Theory of Capital, pp. 37 8 and 39 4...

Ngày tải lên: 09/08/2014, 19:21

... the issuance of fiduciary media. 56 Parnell’s 632 Money, Bank Credit, and Economic Cycles 56 Henry Parnell, Observations on Paper Money, Banking and Other Trading, including those parts of the ... Law’s, 614 Money, Bank Credit, and Economic Cycles vol. 4; and also in Several Papers Relating to Money, Interest, and Trade, Etcetera (New York: Augustus M. Kelle...

Ngày tải lên: 09/08/2014, 19:21

... of currency and an end to state and central -bank intervention with respect to its issuance and control over its value. This goal requires the 736 Money, Bank Credit, and Economic Cycles incorporates ... require- ment. 32 However, in general, Chicago theorists have defended 734 Money, Bank Credit, and Economic Cycles 31 Friedman does not mention Mises, who...

Ngày tải lên: 09/08/2014, 19:21

... Reserve Currency,” Economic Journal 53, no. 210 (June–September 19 43) : 176–84; also Chapter 10 in Individualism and Economic Order, pp. 209–19. 830 Money, Bank Credit, and Economic Cycles Graziani, ... 5, nos. 2 and 3 (June–September 1994): 37 9–91; Spanish version, “La teoría del banco central y de la banca libre” Chapter 11 832 Money, Bank Credit, and Eco...

Ngày tải lên: 09/08/2014, 19:21