Alvaro Cencini is Emeritus Professor of Economics, University of Lugano (USI), Switzerland.

.Foreword: A biographical note on Bernard Schmitt .Introduction PART I - 1959-1987: The years of Schmitt's greatest insights A. From money to capital 1 The discovery of the true nature of money and the origin of its purchasing power 2 The building blocks of a theory of national money: from Monnaie, salaires et profits (1966) to Théorie unitaire de la monnaie, nationale et internationale (1975) 3 Schmitt's critical analysis of neoclassical, Keynesian, Marxian, and Sraffian economics from 1959 to 1988 4 1979-1984 The discovery of quantum time 5 Quantum economics and capital 6 Schmitt's 1984 explanation of inflation and unemployment and the principles of his 1984 reform B. From national to international money 7 International payments as a cause of monetary disorders 8 Schmitt's first proposals for a world monetary reform 9 Schmitt's contribution to the debate on European monetary unification: 1975 - 1988 PART II - 1987-1998: The years of further in-depth analysis 10 1987-1995: Schmitt's first extended analysis of countries' external debt 11 The analysis of capital and interest based on Schmitt's unpublished manuscripts of 1993-1996 12 Schmitt's new analysis of unemployment: his 1998 contribution 13 The development of Schmitt's criticism of general equilibrium analysis 14 From capitalism to post-capitalism PART III - 1999-2014: The final years of groundbreaking analysis 15 Towards the 'interest theorem': the double cost of interest payments 16 The final criticism of general equilibrium analysis 17 The discovery of the pathological nature of countries' sovereign debt (2010-2014) 18 The one-country solution to the sovereign debt problem .Conclusion