ABSTRACT

Monetary Theory provides an alternative to monetary economics based on the distinctive properties of money banking. The book:
*Analyses money
*Shows that the distinction between money and income is rooted in the banking practice
*Examines exchange rate instability and financial crisis
*Puts forward an alternative proposal for European Monetary Union.

chapter |8 pages

Introduction

part I|111 pages

Money, Production and the Banking System

part III|143 pages

Towards the Creation of a Supranational Money