Titlebook: Radical Origins to Economic Crises; Germán Bernácer, A V Henri Savall Book 2018 The Editor(s) (if applicable) and The Author(s) 2018 Spanis

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Monetary Factors of Crisis: Hoarding Versus Investment, Inflation, and Deflationtitative theory he strongly criticizes. In a way, Bernácer proposes a kind of . 14?years before Keynes’s famous “.”. This chapter compares the different money theories available in contemporaneous literature in the Swedish, English, French, and Austrian schools of thought.

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Conclusion: Advocacy for Bernácer’s Rehabilitationy. He addresses chronic underemployment difficulties by recommending a low or null interest rate. Among contemporary authors, Bernácer severely condemns the institution of .. The general philosophy of his recommended solutions has a unique positioning between Liberalism, Keynesianism, and Marxism.

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ce with access to Bernácer’s economic ideas.Offers a signifiThis book presents the complete and pioneering works of the great Spanish economist, Germán Bernácer (1883-1965), to an English audience for the first time. Bernácer, the first director of the Research Service of the Bank of Spain (1930–55)

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