Examine what would happen if we were to deploy blockchain technology at the sovereign level and use it to create a decentralized cashless economy. This book explains how finance and economics work today, and how the convergence of various technologies related to the financial sector can help us find solutions to problems, such as excessive debt creation, banks getting too big to fail, and shadow banking.

This book discloses the economic foundations of European fiscal and monetary policies by introducing readers to an array of alternative approaches in economics. It presents various heterodox theories put forward by classical economists, Marx, Sraffa and Keynes, as a coherent challenge to neoclassical theory.

Joscha Wullweber steigt in den Maschinenraum des modernen Kapitalismus hinab diskutiert die neuen Instrumente der Zentralbanken und erklärt auf welch komplexe Weise Staat und Finanzmarkt heute verschränkt sind Dabei nimmt er auch das Schattenbankensystem unter die Lupe von dem die globale Finanzkrise ausging und das dennoch immer bedeutender wird Ein …

A comprehensive account of how government deficits and debt drive inflation

This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank.