Inflation, causes and effects

Sample

Milan Nikolić

"Lack of coordination of fiscal and monetary policies, disregard for the high degree of inflation persistency, unstable relations and bilateral causality between money supply and inflation, all imply an inappropriateness of money-based stabilizations for the transition economy of postcommunist Russia conducted under the auspices of the IMF. As a representative of the West, the IMF pretended to aid Russians through stabilisation. The IMF promised loans while the Russian government promised reforms. This turned out to be a pseudo lending for pseudo reforms with disastrous consequences for the Russian economy as explored and scrutinized in this volume."--BOOK JACKET.

Sample

Sebastian Dullien

"Sebastian Dullien gives a explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of cooperation between unions and monetary authorities. In an economy with endogenous money and monopolistic competition in good markets, the standard economic textbooks' distribution of macroeconomic responsibilities are turned upside down - wage setters are now responsible for price stability while the European Central Bank is responsible for level of output." "Only unions with a small and limited constituency can increase employment by simple wage restraint. However, this is shown to be a beggar-thy-neighbour policy, destroying employment elsewhere. On a European level, only when unions and the central bank cooperate can high employment and low inflation be achieved simultaneously. The institutional set-up with the 1999 Cologne process is found to be unable to assure such a cooperation."--BOOK JACKET.

Sample

David A. Adler

Discusses the reasons for inflation, the effects it has on the spending power of the government and the individual, the influence of supply and demand, and what can be done to curb this phenomena.

Sample

Brad Feld, Jason Mendelson

"An engaging guide to excelling in today's venture capital arenaBeginning in 2005, Brad Feld and Jason Mendelson, managing directors at Foundry Group, wrote a long series of blog posts describing all the parts of a typical venture capital Term Sheet: a document which outlines key financial and other terms of a proposed investment. Since this time, they've seen the series used as the basis for a number of college courses, and have been thanked by thousands of people who have used the information to gain a better understanding of the venture capital field.Drawn from the past work Feld and Mendelson have written about in their blog and augmented with newer material, Venture Capital Financings puts this discipline in perspective and lays out the strategies that allow entrepreneurs to excel in their start-up companies. Page by page, this book discusses all facets of the venture capital fundraising process. Along the way, Feld and Mendelson touch on everything from how valuations are set to what externalities venture capitalists face that factor into entrepreneurs' businesses. Includes a breakdown analysis of the mechanics of a Term Sheet and the tactics needed to negotiate Details the different stages of the venture capital process, from starting a venture and seeing it through to the later stages Explores the entire venture capital ecosystem including those who invest in venture capitalist Contain standard documents that are used in these transactions Written by two highly regarded experts in the world of venture capital The venture capital arena is a complex and competitive place, but with this book as your guide, you'll discover what it takes to make your way through it"--