Money and Credit in Capitalist Economies

Released on by L. Randall Wray
preview-18

  • Money and Credit in Capitalist Economies Book Detail

  • Author : L. Randall Wray
  • Release Date : 1990
  • Publisher : Edward Elgar Publishing
  • Genre : Capitalism
  • Pages : 360
  • ISBN 13 :
  • File Size : 34,34 MB
DOWNLOAD BOOK

Money and Credit in Capitalist Economies by L. Randall Wray PDF Summary

Book Description: This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the origins and nature of money and of the evolution of monetary institutions and theory. Unlike other recent works on 'endogenous money', this book incorporates liquidity preference theory within the analysis by carefully distinguishing money from liquidity and by showing how money, but not liquidity, is created on demand. This naturally leads to a role for liquidity preference in the determination of interest rates. Extensions then link money to financial instability, the expenditure multiplier, credit, saving, investment, development, deficits and growth. This controversial and provocative book will be essential reading for all economists and researchers concerned with monetary and macroeconomics. It will have particular appeal to post Keynesian economists.

Disclaimer: www.yourbookbest.com does not own Money and Credit in Capitalist Economies books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Money and Credit in Capitalist Economies

Money and Credit in Capitalist Economies

File Size : 38,38 MB
Total View : 6459 Views
DOWNLOAD

This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the orig

Credit and Crisis from Marx to Minsky

Credit and Crisis from Marx to Minsky

File Size : 47,47 MB
Total View : 9291 Views
DOWNLOAD

This timely book studies the economic theories of credit cycles and disturbances in the 20th century, presenting a nuanced view of the role of finance in the ec

Political Economy of Money and Finance

Political Economy of Money and Finance

File Size : 22,22 MB
Total View : 6769 Views
DOWNLOAD

To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and fin

Credit and State Theories of Money

Credit and State Theories of Money

File Size : 8,8 MB
Total View : 6688 Views
DOWNLOAD

In 1913 and 1914, A. Mitchell Innes published a pair of articles that stand as two of the best pieces written in the twentieth century on the nature of money. O