The policy of overfunding corresponded with the view of pragmatic monetarism of the early eighties. However its utilisation was a direct result of what went before it. The corset and credit controls were the main tools that the authorities used to control the money supply in the years preceding over...

What Impact did the First World War have on the development of Keynes\'s Ideas? John Maynard Keynes (1883-1946) is one of the most prominent figures in the study of the field of Economics. However I do not specifically regard Keynes as strictly an Economist, this is because if you look at his early...

Canada\'s central bank, the Bank of Canada, is a largely unknown institution to the majority of Canadians. Despite its small size and obscurity, however, the Bank of Canada plays a vital role in the nation\'s economy. With a budget that is dwarfed by most minor federal agencies, the Bank maintains a...

Financial Crisis The financial distress of the last two decades has revived interest on the question of the stability of the financial system. On the one hand, the "pessimist" view, associated primarily with Minsky argues that not only that the financial system is prone to such crises ("financial...

The Manichaean character of economics. Charles Kindleberger. Abstract: Economics is said to have adopted a certain degree of dualism. None of its tenets have been absolute in terms of social effectivity. To survive in an economic ...

Currency, the Beginning, the Present , and the Future "Money - in the traditional sense no longer exists. It died two decades ago when Richard Nixon forever abolished the gold standard. Since then, money as we once knew it has been replaced by an unstable new global medium of e...

Currency, the Beginning, the Present , and the Future"Money - in the traditional sense no longer exists. It died two decades ago when Richard Nixon forever abolished the gold standard. Since then, money as we once knew it has been replaced by an unstable new global medium of exchange that is called ...