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

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

Paperback

AccountingEconomicsInvesting & Finance

ISBN10: 0230301843
ISBN13: 9780230301849
Publisher: Springer Nature
Published: Mar 27 2012
Pages: 530
Weight: 1.54
Height: 1.30 Width: 5.40 Depth: 8.30
Language: English
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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