E-Book, Englisch, 530 Seiten
Godley / Lavoie Monetary Economics
2007
ISBN: 978-0-230-62654-6
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
An Integrated Approach to Credit, Money, Income, Production and Wealth
E-Book, Englisch, 530 Seiten
ISBN: 978-0-230-62654-6
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark
This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.




