Chapters in this book

1. Frontmatter i
2. Contents vii
3. Preface ix
4. Introduction 1
5. PART I. Instability
6. Chapter 1. Taking the Money Market Seriously 29
7. Chapter 2. Money Creation and Market Failure 52
8. Chapter 3. Banking in Theory and Reality 78
9. Chapter 4. Panics and the Macroeconomy 102
10. PART II. Design Alternatives
11. Chapter 5. A Monetary Thought Experiment 145
12. Chapter 6. The Limits of Risk Constraints 164
13. Chapter 7. Public Support and Subsidized Finance 184
14. Chapter 8. The Public- Private Partnership 200
15. PART III. Money and Sovereignty
16. Chapter 9. A More Detailed Blueprint 223
17. Chapter 10. Financial Reform Revisited 248
18. Notes 265
19. References 309
20. Index 333