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Books > Business & Economics > Economics > Macroeconomics
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Monetary Economics - An Integrated Approach to Credit, Money, Income, Production and Wealth (Paperback, 1st ed. 2007)
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Monetary Economics - An Integrated Approach to Credit, Money, Income, Production and Wealth (Paperback, 1st ed. 2007)
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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 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.
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