Monetary Economics
| Author | : W. Godley |
| Publisher | : Springer |
| Total Pages | : 530 |
| Release | : 2006-12-01 |
| ISBN-10 | : 9780230626546 |
| ISBN-13 | : 0230626548 |
| Rating | : 4/5 (548 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 2006-12-01 with total page 530 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 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.