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Title Democracy and money : lessons for today from Athens in classical times / George C. Bitros, Emmanouil M. L. Economou and Nicholas C. Kyriazis.
Imprint Abingdon, Oxon ; New York, NY : Routledge, 2021.


 Internet  Electronic Book    AVAILABLE
Description 1 online resource (xxii, 298 pages) : illustrations.
Series Routledge international studies in money and banking ; 106
Routledge international studies in money and banking ; 106.
Bibliog. Includes bibliographical references and index.
Note Available only to authorized UTEP users.
Bio/Hist Note George C. Bitros is Professor of Political Economy, Emeritus, Athens University of Economics and Business. Emmanouil M.L. Economou is Adjunct Lecturer at the Department of Economics, University of Thessaly. Nicholas C. Kyriazis is Professor at the Department of Economics, University of Thessaly.
Note Description based on online resource; title from digital title page (viewed on October 15, 2020).
Subject Fiscal policy -- United States -- History -- 21st century.
Monetary policy -- United States -- History -- 21st century.
Financial crises -- United States -- History -- 21st century.
Fiscal policy -- Greece -- Athens -- History.
Monetary policy -- Greece -- Athens -- History.
Financial crises -- Greece -- Athens -- History.
Greece -- Athens.
United States.
Genre History.
Summary "The authors of this book argue that post-war fiscal and monetary policies in the U.S. are prone to more frequent and more destabilizing domestic and international financial crises. So, in the aftermath of the one that erupted in 2008, they propose that now we are sleepwalking into another, which under the prevailing institutional circumstances could develop into a worldwide financial Armageddon. Thinking ahead of such a calamity, this book presents for the first time a model of democratic governance with privately produced money based on the case of Athens in Classical times, and explains why, if it is conceived as a benchmark for reference and adaptation, it may provide an effective way out from the dreadful predicament that state managed fiat money holds for the stability of Western-type democracies and the international financial system. As the U.S. today, Athens at that time reached the apex of its military, economic, political, cultural, and scientific influence in the world. But Athens triumphed through different approaches to democracy and fundamentally different fiscal and monetary policies than the U.S. Thus the readers will have the opportunity to learn about these differences and appreciate the potential they offer for confronting the challenges contemporary democracies face under the leadership of the U.S. The book will find audiences among academics, university students, and researchers across a wide range of fields and subfields, as well as legislators, fiscal and monetary policy makers, and economic and financial consultants"-- Provided by publisher.
Other Author Economou, Emmanouil Marios N., author.
Kyriazis, Nicholas C., author.
Other Title Print version: Bitros, George. Democracy and money Abingdon, Oxon ; New York, NY : Routledge, 2020. 9780367509170