The Evolution of Creditary Structures and Controls
The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require n...
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| Format: | eBook |
| Language: | English |
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London
Palgrave Macmillan UK
2006, 2006
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| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
| Summary: | The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them |
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| Physical Description: | XIV, 277 p online resource |
| ISBN: | 9780230288447 |