Includes bibliographical references and index.

Banking and interest rates in a world without money : the effects of uncontrolled banking -- Active and passive monetary policy in a neoclassical model -- Rational economic behavior and the balance of payments -- Uniqueness of the price level in monetary growth models with rational expectations -- Purchasing power parity in an equilibrium model -- Ups and downs in human capital and business -- How passive monetary policy might work -- What a non-monetarist thinks -- Global monetarism in a world of national currencies -- The ABCs of business cycles -- A gold standard with double feedback and near zero reserves -- The trouble with econometric models -- General equilibrium and business cycles -- Noise.