Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth
Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth

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This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

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  • Released:
  • Author: W. Godley,M. Lavoie
  • Rating: 4,3
  • Publisher: Ebook DIgital Agency
  • Total Page: 251 pages
  • File Size: 2551 Kb
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