Monetary economics : an integrated approach to credit, money, income, production and wealth

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Title:

Monetary economics : an integrated approach to credit, money, income, production and wealth

Author:

Godley, Wynne.

ISBN:

9780230301849

Personal Author:

Edition:

2nd ed.

Publication Information:

Basingstoke : Palgrave Macmillan, 2012.

Physical Description:

xlvi, 530 p. : ill. ; 22 cm.

General Note:

1e uitg.: 2006.

Subject Term:

Economics -- Mathematical models.

Added Author:

Lavoie, M. (Marc)

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025556644	332.4 G586M 2012	1	Searching... Unknown

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Summary

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 institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

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