1st Edition

Money, Inflation and Business Cycles The Cantillon Effect and the Economy

By Arkadiusz Sieroń Copyright 2019
172 Pages
by Routledge

172 Pages 18 B/W Illustrations
by Routledge

172 Pages 18 B/W Illustrations
by Routledge

Who would disagree that money matters? Economists have yet to sufficiently explore issues related to monetary inflation in relation to the Cantillon effect, i.e. distribution and price effects resulting from uneven changes in the money supply and their impact on the economy. This book fills this important gap in the existing literature. The author classifies the various channels through which... Read more



LIST OF ILLUSTRATIONS

ACKNOWLEDGMENTS

INTRODUCTION



CHAPTER I – NEUTRALITY OF MONEY



CHAPTER II – THE THEORY OF THE CANTILLION EFFECT



CHAPTER III – THE CANTILLON EFFECT IN THE HISTORY OF ECONOMIC THOUGHT



CHAPTER IV – CLASSIFICATION OF THE CANTILLON EFFECT



CHAPTER V – THE CANTILLON EFFECT AND CREDIT EXPANSION



CHAPTER VI - THE CANTILLON EFFECT AND THE SECONDARY CHARACTERISTICS OF THE BUSINESS CYCLE



CHAPTER VII – THE CANTILLON EFFECT AND PRICE BUBBLES



CHAPTER VIII – THE CANTILLON EFFECT AND INEQUALITIES IN INCOME AND WEALTH



CHAPTER IX – THE INTERNATIONAL CANTILLON EFFECT



SYNOPSIS AND FINAL CONCLUSIONS



APPENDIX





REFERENCES



Biography

Arkadiusz Sieroń, PhD, is an assistant professor at the University of Wrocław, Poland. He is a member of the board of the Mises Institute of Economic Education and author of several dozen scientific publications (including in such periodicals as the Quarterly Journal of Austrian Economics and Prague Economic Papers). He received scholarships at The Ludwig von Mises Institute in America (2014 and 2018 Summer Fellowships), won the 2018 Lawrence W. Fertig Prize for the best paper advancing economic science in the Austrian tradition in 2017, and placed third in the 6th International Vernon Smith Prize for the Advancement of Austrian Economics.