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Alvaro Cencini & Sergio Rossi, Economic and Financial Crises: A New Macroeconomic Analysis

Journal of Economics and Political Economy

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Title Alvaro Cencini & Sergio Rossi, Economic and Financial Crises: A New Macroeconomic Analysis
 
Creator MASSONNET, Jonathan; University of Fribourg, Switzerland
 
Description Abstract. Thereviewed bookdevelops a newparadigm regarding economic and financial crisesat both the national and international level.That paradigm rests on the purely numerical and vehicular nature of money, from which Cencini and Rossi infer the fundamental laws governing a monetary economy of production. The pathologies of the economic system are then characterized in light of these laws. In order to avoid the recurrence of crises, the authors eventually put forward a reform of the domestic and the international payment systems, which rests on a distinction between money, income and fixed capital developed throughout the book. After a short introduction, this review offers a description of the book and ends up drawing some implications, especially as pertains to the nature of money and the characterization of crises.Keywords. Crisis, Money, Income, Monetary Reform.JEL. E31, E32, E42, E44, E50.
 
Publisher Journal of Economics and Political Economy
Journal of Economics and Political Economy
 
Contributor —
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEPE/article/view/544
10.1453/jepe.v2i4.544
 
Source Journal of Economics and Political Economy; Vol 2, No 4 (2015): December; 507-514
Journal of Economics and Political Economy; Vol 2, No 4 (2015): December; 507-514
2148-8347
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEPE/article/view/544/589
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/544/194
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/544/195
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/544/196
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/544/197
 
Rights Copyright (c) 2015 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0