Monetary Economics
An Integrated Approach to Credit, Money, Income, Production and Wealth| By: | W. Godley; M. Lavoie |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230301849 |
| eText ISBN: | 9781137085993 |
| Edition: | 2 |
| Copyright: | 2012 |
| Format: | Page Fidelity |
Lifetime - $186.25
eBook Features
Instant Access
Purchase and read your book immediately
Read Offline
Access your eTextbook anytime and anywhere
Study Tools
Built-in study tools like highlights and more
Read Aloud
Listen and follow along as Bookshelf reads to you
Details
Table of Contents
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.