Money, inflation, and recession in the U. K. and the U. S. A Book

	Introduction	1
Sect. 1	The so-called Financial Crises, 1797-1890
1	The 1792 Crisis. The Significance of External Drains	11
2	The 1810 Crisis. Comments on the Bullion Report	17
3	The 1814-1819 Developments. The Resumption of Cash Payments and the 'Monetarist' Ricardo	21
4	The Early 1820s Recession and the 1825 Crisis	29
5	The 1837 Crisis. The So-called 'Palmer's Rule'	35
6	The 1844 Bank Legislation and the 1847 Crisis	41
7	The 1857 Crisis	49
8	The 1866 Crisis	55
9	The 1873 Disturbance. The End of British Industrial Supremacy and the Late 19th Century Stagnation	59
Sect. 2	The Theoretical Aspects of Money, Credit and Capital
1	Over-production	69
2	Money and its Functions	75
3	The Role and the Functions of Credit. (Credit: the 'Invisible' hand of Capital)	87
4	Comments Related to Bank/Money Capital. 'Velocity of Circulation and Credit	103
5	Comments on the Significance of the 'City' of London. Financia1 Capital in the Development of British Capitalism	109
Sect. 3	The 1920s and the 193Os: The Failture of the Capitalist Economies and Capitalist Economics
1	The 1929 Crisis: A Wide Variety of Explanations	117
2	The Stock Exchange Crash and its Relations to Developments in the 'Real' Economy. The International Repercussions of 1929 U.S. Crisis	123
3	The 'New' (Chicago) Monetarism	145
Sect. 4	Part 1: The Keynesian Revolution and Defeat
	Introduction	157
1	The Rate of Interest	161
2	Savings = Investrnent	169
3	(Absence of)Theory of Crises in Keynes	173
4	(Absence of) Theory of Credit and Capital in Keynes	179
Sect. 4	Part 2: Capital versus Money Once More
1	State Intervention through Bank/Money Capital	185
2	The Causes of Inflation	197
	Final Remarks	213
	References	217
	Bibliography	255
	Index	269