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Cambridge University Press The Monetary Theory of Production (Federico Caffe Lectures)

Name: The Monetary Theory of Production (Federico Caffe Lectures)
Brand: Cambridge University Press
Price: 105.99 GBP
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Economic Policy & Development

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Description

In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521812119
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 04 September 2003
Listed Since: 13 December 2006

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Cambridge University Press The Monetary Theory of Production (Federico Caffe Lectures)

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