Banking and Monetary Policy from the Perspective of Austrian Economics [Hardcover]

This book discusses contemporary banking and monetary policy issues from the perspective of the Austrian School of Economics. Based on the heritage of the Austrian school, leading scholars and practitioners offer a coherent diagnosis and analysis of the factors leading to Europes current financial crisis. The first part of the book discusses Ludwig von Misess and Friedrich August von Hayeks ideas on banking and monetary policy from both historical and economic standpoints. It includes contributions on Austrian monetary dynamics and micro-foundational business cycle theory, von Misess concepts of liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures taken by the European Central Bank (ECB) in light of the ideas of von Mises and Hayek. It includes contributions on non-neutrality of money, ECB monetary policy, and the future of the ECB. The third and final part presents discussions on monetary reforms, including contributions on Bitcoins, Cryptocurrencies and anti-deflationist Paranoia. 

PART 1: Misess and Hayeks Ideas on Banking and Monetary policy from a Historical, Economic Point of View.

 MISESS GELDTHEORIE

MONEY: CAPITAL GOOD, CONSUMER GOOD, OR (MEDIA OF) EXCHANGE GOOD?

THE TREND OF ECONOMIC THINKING OF MARKET AND MONEY: WHAT IS HAYEK'S POSITION ON THE ISSUES?

PART 2: The Measures Taken by The ECB Considered In The Light of Ideas of Mises and Hayek

WHAT IS WRONG WITH THE 2% INFLATION STANDARD

UNINTENDED CONSEQUENCES OF ECB POLICIES ON EUROPE'S PERIPHERY

THE FAILURE OF ECB MONETARY POLICY FROM A MISES/HAYEK PERSEPCTIVE

HAYEK AND MISES ON NON-NEUTRALITY OF MONEY. IMPLICATIONS FOR MONETARY POLICY