Bøger af William F. Hixson

William Hixson's A Matter of Interest is a good example of the important contribution that an independent scholar can make to a subject where the professionals have become dependent on an orthodoxy which has been highly insensitive to criticism. Hixson's position is that the dynamics of debt creates a strong tendency for an increasing burden on a society which looks as if it can only be corrected by occasional catastrophe. There is much historical evidence to support this thesis. It represents an important tradition in economics, going back to Henry Simons and to Irving Fisher, which has been strangely neglected by the profession. Professional economists will find some things in this book with which they will disagree, but the general thesis presents a very important challenge to them, and this is a work that should be taken very seriously. Kenneth E. Boulding Distinguished Professor of Economics University of Colorado at Boulder In A Matter of Interest William Hixson presents a very interesting analysis of our economic systems. Hixson's analysis is highly original, well written, and comprehensible even for readers not well versed in economics. His frequent references to the great thinkers in economics give the argument a lot of depth. Robert Guttmann Professor of Economics Hofstra University Hempstead, NY

A sure-to-be-controversial study of the development of our money and banking system in the eighteenth and nineteenth centuries and resultant present-day problems.

The last set of chapters considers the past four decades of a mixed economy and why it lacks long-term viability, while the concluding two chapters suggest changes in operating principles and financial practices to make the mixed economy a viable one.

In this sure-to-be-controversial history of money and banking, Hixson examines the historical and resulting present-day deficiencies of the U.S. monetary and banking system. His study reveals that in a whole series of historical cases over the eighteenth and nineteenth centuries faulty economic principles were applied to the developing system.