1st Edition

Quantum Macroeconomics The legacy of Bernard Schmitt

Edited By Jean-Luc Bailly, Alvaro Cencini, Sergio Rossi Copyright 2017
232 Pages 8 B/W Illustrations
by Routledge

232 Pages 8 B/W Illustrations
by Routledge

232 Pages 8 B/W Illustrations
by Routledge

Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These issues concern both advanced and emerging market economies, referring to inflation, unemployment,... Read more

Introduction

JEAN-LUC BAILLY, ALVARO CENCINI AND SERGIO ROSSI

Preface: The research work and scientific legacy of Bernard Schmitt

ALVARO CENCINI

PART I

Analysing the domestic economy

1 La formation du pouvoir d’achat: a historical perspective

CLAUDE GNOS

2 Absolute exchange and relative exchange

JEAN-LUC BAILLY

3 Inflation and unemployment

XAVIER BRADLEY

4 A macroeconomic analysis of unemployment

BERNARD SCHMITT

5 National banking reform

ALVARO CENCINI

PART II

Analysing the international economy

6 From reparations to (net) interest payments on external debt: same script, different cast

EDOARDO BERETTA

7 Keynes’s and Schumacher’s Plans and the failed attempt to understand international monetary relations

NADIA F. PIFFARETTI

8 European monetary union

SERGIO ROSSI

9 The sovereign debt crisis

ALVARO CENCINI

10 A one-country reform: the solution to the sovereign debt crisis

BERNARD SCHMITT

Postface: Bernard Schmitt and heterodox economics

SERGIO ROSSI

Biography

Jean-Luc Bailly is Emeritus Associate Professor of Economics, University of Burgundy, Dijon, France.

Alvaro Cencini is Full Professor of Economics, University of Lugano, Switzerland.

Sergio Rossi is Full Professor of Economics, University of Fribourg, Switzerland.