Author : W. Godley
Release : 2006-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 548/5 ( reviews)
Book Synopsis Monetary Economics by : W. Godley
Download or read book Monetary Economics written by W. Godley. This book was released on 2006-12-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.