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

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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 (Author), Lavoie, Marc (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2007.
Subjects:
Economics.
Finance, general.
Macroeconomics/Monetary Economics//Financial Economics.
Finance.
Macroeconomics.
Electronic books.
Online Access:Connect to the full text of this electronic book
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.
Item Description:Electronic resource.
Physical Description:1 online resource (XLIII, 530 pages)
ISBN:9780230626546
DOI:10.1057/9780230626546