Slide 1 Handbook of Quantitative Finance and Risk Management Edited by Cheng-Few Lee Rutgers University Alice C. Lee San Francisco State University This handbook expects…
Slide 1 1 of 26 Keynesian EconomicsMonetarismThe Velocity of MoneyThe Quantity Theory of MoneyInflation as a Purely Monetary PhenomenonThe Keynesian/Monetarist DebateNew…
Slide 1 The Problem of Evil and Pain 3. The Explanation of Leibniz: The Best of All Possible Worlds Slide 2 Opening Prayer Almighty and everlasting God, you made the universe…
1. It is the administrators of the system, not capitalism that is guilty (I) The crisis: not a market failure Three technical causes: abundant liquidity, bad loans, frenetic…
Lecture V New Classical Economics and Robert Lucas Attack on Keynesianism (again) Like the monetarists before them, the new classical economists also set their sights on…
BUSINESS CYCLE THEORIES Cycle Patterns, Impulses, and Mechanisms Business Cycle Patterns The business cycle is an irregular and nonrepeating up-and-down movement of business…