The Monetary Theory of Production - Couverture rigide

Graziani, Augusto

Couverture rigide

ISBN 10 : 0521812119 ISBN 13 : 9780521812115

Editeur : Cambridge University Press, 2003

Synopsis

Book by Graziani Augusto

A propos du livre

Présentation de l'éditeur :

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.

Biographie de l'auteur :

Augusto Graziani is Professor of Economics in the University of Rome La Sapienza. He is the author of Teoria Economica (4th edition, 2002).

À propos de cette édition

• Éditeur: Cambridge University Press
• Date d'édition: 2003
• ISBN 10: 0521812119
• ISBN 13: 9780521812115
• Reliure: Relié
• Nombre de pages: 188