George Macesich Livres

The book explores the pivotal shift in the global economy at the end of the 20th century, focusing on the collapse of the postwar economic paradigm due to rising inflation and unemployment. It delves into the critical issues that have emerged from this upheaval and analyzes the ongoing search for a new economic framework. Additionally, it outlines the characteristics of the new global political economy that is taking shape, signaling a departure from previous policy agreements.

The book explores the transformative economic and historical shifts of the late 20th century, highlighting the diminishing power of nation-states as finance and investment become increasingly transnational. It examines how associations like the European Community compel nations to adapt their policies to align with regional standards. The author argues that achieving a sustainable social democracy may be unattainable for individual nations, suggesting that reforms originating from a single middle-sized country could be impractical.

Exploring the intricate relationship between economics, politics, and societal beliefs, this book delves into the complexities of monetary issues within the context of a new fiat monetary system. It draws on historical and contemporary struggles for monetary dominance, offering valuable lessons from past experiences in the United States and beyond. The analysis combines technical insights with psychological aspects, making the exploration of monetary problems both engaging and thought-provoking.

The book examines the current state of global banking systems, highlighting the vulnerabilities faced by small and mid-sized banks amidst economic shifts. It contrasts the confidence of large institutions in adapting to the new Euro with the struggles of smaller banks, which are increasingly reliant on riskier borrowers. As banks seek higher profits, many have ventured into less stable sectors like asset management and trading. The author encourages a reevaluation of critical banking issues in light of these challenges and the evolving financial landscape.

The book explores the transition to a fiat monetary regime since the end of the Bretton Woods gold exchange standard in 1971, highlighting the vulnerability of fiat currencies to political manipulation. It delves into the challenges faced by nation-states striving to maintain their sovereignty amidst the pressures of the global economy. By placing this phenomenon within an economic, historical, and political context, the study provides a comprehensive analysis of the implications of fiat currency systems on national autonomy and governance.

The book explores the transformative economic order established post-World War II, highlighting its role in fostering unprecedented global prosperity. It examines the regulatory frameworks that govern trade in goods and services, alongside the influence of money and growth on this new system. While some celebrate the achievements of this economic landscape, others critique its implications. The study provides a nuanced analysis of the complexities and consequences of this evolving economic environment.

The book explores the complexities of policy-making in the context of accelerating globalization and the interdependence of global economies, particularly focusing on the United States. It addresses the ongoing debate regarding America's ability to tackle significant domestic and international economic challenges simultaneously. By emphasizing the need for a comprehensive understanding of these issues, it serves as a vital resource for generalists in economics, political science, and business to navigate the rapidly changing global economic landscape.

The book explores how diverse nations with conflicting policies can achieve global integration through a flexible external exchange rate system and a structured internal monetary regime. It delves into the complexities of money and monetary policy, utilizing historical, theoretical, philosophical, and empirical insights to analyze the implications of this arrangement. The study highlights the challenges and benefits of balancing national sovereignty with the need for cooperation in a globalized economy.