Money Impartiality: Panacea for Economic Crisis

Money in Economic Analysis

Economic Crisis and Economic Theory

Two dynamic general equilibrium economies compete in explaining the United States’interwar business cycles. Despite the demand driven contender’s slight advantages, the results remain too close to call a clear winner.

From Software Crisis to Informational Money

Some comments are made on the societal impact of software engineering, with a focus on the impact of software engineering concepts on the development of informational money as well as on the concept of money at large.

Economic growth under money illusion

Empirical and experimental evidence documents that money illusion is persistent and widespread. This paper incorporates money illusion into a stochastic continuous-time monetary model of endogenous growth. We model an agent’s money illusion behavior by assuming that he maximizes nonstandard utility derived from both nominal and real quantities. Money illusion affects an agent’s perception of th...

The Economic Crisis is a Crisis for Economic Theory Alan Kirman