Titlebook: Reconsidering the Privileged Powers of Banks; Foundations of Sover Kozo Torasan Mayumi,Ansel Renner Book 2023 The Editor(s) (if applicable)

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Conclusion: Toward a Pathway of Responsible Development,in implementing monetary policy. It highlights a deficient understanding of the contemporary reserve banking system and the unintended aftermaths of central bank decisions. It underscores the distributional consequences of inflation on lower-income brackets, suggesting that conventional economics in

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Real Capital and Its Relation to Sustainability: The Dual Nature of Real Capital as Biophysical Weave theory. The chapter makes a careful distinction between financial and real capital, arguing that the former should be minimized. It introduces Georgescu-Roegen’s concept of “process funds” and, lastly, proposes an alternative theory concerning the origin of real capital interest.