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Bernard Schmitt's main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds the key principles of quantum macroeconomic analysis as he conceived and developed them.
List of contents
.Foreword: A biographical note on Bernard Schmitt .Introduction PART I - 1959-1987: The years of Schmitt's greatest insights A. From money to capital 1 The discovery of the true nature of money and the origin of its purchasing power 2 The building blocks of a theory of national money: from Monnaie, salaires et profits (1966) to Théorie unitaire de la monnaie, nationale et internationale (1975) 3 Schmitt's critical analysis of neoclassical, Keynesian, Marxian, and Sraffian economics from 1959 to 1988 4 1979-1984 The discovery of quantum time 5 Quantum economics and capital 6 Schmitt's 1984 explanation of inflation and unemployment and the principles of his 1984 reform B. From national to international money 7 International payments as a cause of monetary disorders 8 Schmitt's first proposals for a world monetary reform 9 Schmitt's contribution to the debate on European monetary unification: 1975 - 1988 PART II - 1987-1998: The years of further in-depth analysis 10 1987-1995: Schmitt's first extended analysis of countries' external debt 11 The analysis of capital and interest based on Schmitt's unpublished manuscripts of 1993-1996 12 Schmitt's new analysis of unemployment: his 1998 contribution 13 The development of Schmitt's criticism of general equilibrium analysis 14 From capitalism to post-capitalism PART III - 1999-2014: The final years of groundbreaking analysis 15 Towards the 'interest theorem': the double cost of interest payments 16 The final criticism of general equilibrium analysis 17 The discovery of the pathological nature of countries' sovereign debt (2010-2014) 18 The one-country solution to the sovereign debt problem .Conclusion
About the author
Alvaro Cencini is Emeritus Professor of Economics, University of Lugano (USI), Switzerland.
Summary
Bernard Schmitt?s main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds the key principles of quantum macroeconomic analysis as he conceived and developed them.
