Description
PART 1: FOUNDATIONS OF THE NEW ART OF CENTRAL BANKING – Introduction – The Theory of Monetary Standards applied to Pan-European Money and Monetary Control – The Modus Operandi of Bank Rate reconsidered – Innovated Payments Systems – A Monetary Analysis of Public Debt – A More Formal Analysis Linking Chapters 2 and 5 – PART 2: MONEY AND TRADE CYCLES OVER TWO MILLENIA: RETROSPECTIVE AND PROSPECTIVE VIEWS OF CENTRAL BANKING – Preliminaries: Physical and Monetary(?) Foundations of Cyclical Action – Implications of Empirical Properties of a Hypothetical Open Economy – Some Theory of Innovated Open Financial Networks – Banking Policy and Economic Fluctuations – Some Classical Economics: Monetary Features of Trade Fluctuations in Ancient Rome – Conclusion – Bibliography – Index
