Michael Heine

In light of the resurgence of inflation in developed industrialised countries following a period of inordinately low inflation, this book analyses the causes and devastating effects of inflation by drawing lessons from the past. Focusing on the German hyperinflation of the 1920s and the inflationary waves of the 1970s, it examines the resulting economic crises and their influence on the subsequent periods of social and political turmoil, namely the fascism of the 1930s and the neoliberal revolution of the 1980s. Featuring five detailed case studies on inflationary waves in various countries in the 1970s, the book identifies economic policy errors of the past, seeking to prevent their recurrence. Offering empirical and theoretical insights alike, the authors present strategies for effectively combating inflation and deflation. In turn, the book assesses the complex ties between wage increases, income distribution, and price changes, ultimately providing valuable recommendations on how wage policy can be used to stabilise price level increases at a low level in a world characterised by diverse and extreme economic shocks.“The Resurgence of Inflation” fosters a vital discourse on wage and price dynamics, economic development and the role of trade unions, making it an essential read for policymakers, economists, and anyone seeking a deeper understanding of today’s economic challenges.

Ein junges Paar kauft einen alten Spiegel. Als wenig sp ter Carlotta verschwindet, ist ihr Mann, der Erz hler, sicher, dass dies etwas mit dem Spiegel zu tun hat und sucht den Verk ufer. Diese immer gef hrlicher werdende Reise bringt ihn von Hamburg ber die Provence bis nach Bologna in Italien mit seinen dunklen unterirdischen Kan len. Und schlie lich f hrt sie, erstaunlich genug, in das Paris der blutigen Revolutionsjahre. In einer zun chst parallel laufenden Geschichte ermittelt lspettore Solei von der Polizia di Stato in einem alten Kloster, in dem der Erz hler ihn schlie lich kennenlernt und um Hilfe bittet. Eine Entscheidung mit Folgen "Eine in jeder Hinsicht phantastische und phantasievolle Geschichte " Volker Hage, Journalist und Literaturkritiker , spannend, wirklich gelungen. Die Story ist gro artig " Sven Amtsberg, Autor und Moderator

In light of the resurgence of inflation in developed industrialised countries following a period of inordinately low inflation, this book analyses the causes and devastating effects of inflation by drawing lessons from the past. Focusing on the German hyperinflation of the 1920s and the inflationary waves of the 1970s, it examines the resulting economic crises and their influence on the subsequent periods of social and political turmoil, namely the fascism of the 1930s and the neoliberal revolution of the 1980s. Featuring five detailed case studies on inflationary waves in various countries in the 1970s, the book identifies economic policy errors of the past, seeking to prevent their recurrence. Offering empirical and theoretical insights alike, the authors present strategies for effectively combating inflation and deflation. In turn, the book assesses the complex ties between wage increases, income distribution, and price changes, ultimately providing valuable recommendations on how wage policy can be used to stabilise price level increases at a low level in a world characterised by diverse and extreme economic shocks.“The Resurgence of Inflation” fosters a vital discourse on wage and price dynamics, economic development and the role of trade unions, making it an essential read for policymakers, economists, and anyone seeking a deeper understanding of today’s economic challenges.

The European Central Bank administers monetary policy for the eurozone and is tasked with maintaining price stability by keeping inflation below 2 per cent. This brief mandate belies the complexity of managing the monetary policy for the 19 member states of the euro, not to mention the political implications thereof. This book sets out the history, development and day-to-day workings of this key institutional pillar of the European Union. It assesses its work, independence, the policies and instruments at its disposal and the evolution of its role during, and after, the eurozone crisis of 2010. Incomplete monetary union, Germany's hegemonic ambitions and different economic policies from individual member countries are shown to pose formidable challenges to the ECB's macroeconomic management.

The European Central Bank administers monetary policy for the eurozone and is tasked with maintaining price stability by keeping inflation below 2 per cent. This brief mandate belies the complexity of managing the monetary policy for the 19 member states of the euro, not to mention the political implications thereof. This book sets out the history, development and day-to-day workings of this key institutional pillar of the European Union. It assesses its work, independence, the policies and instruments at its disposal and the evolution of its role during, and after, the eurozone crisis of 2010. Incomplete monetary union, Germany's hegemonic ambitions and different economic policies from individual member countries are shown to pose formidable challenges to the ECB's macroeconomic management.

Die besondere St rke dieses Lehrbuches ist es, die unterschiedlichen theoretischen Grundlagen verschiedener wirtschaftswissenschaftlicher und wirtschaftspolitischer Positionen klar und verst ndlich darzustellen. Eine Einf hrung besonders f r diejenigen, die sich f r die Zusammenh nge und die gesellschaftliche Bedeutung des Faches interessieren.