Monetary Economics
Author | : W. Godley |
Publisher | : Springer |
Total Pages | : 577 |
Release | : 2016-04-30 |
ISBN-10 | : 9781137085993 |
ISBN-13 | : 1137085991 |
Rating | : 4/5 (93 Downloads) |
Book Synopsis Monetary Economics by : W. Godley
Download or read book Monetary Economics written by W. Godley and published by Springer. This book was released on 2016-04-30 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.