Monetary Economics An Integrated Approach to Credit, Money, Income, Production and Wealth

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 det...

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Bibliographic Details
Main Authors: Godley, Wynne, Lavoie, Marc (Author)
Format: eBook
Language:English
Published: London Palgrave Macmillan UK 2007, 2007
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:XLIII, 530 p online resource
ISBN:9780230626546