Product Description
The Monetary Theory of Production
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.
Augusto Graziani (Author)
9780521812115, Cambridge University Press
Hardback, published 4 September 2003
188 pages
22.4 x 14.4 x 1.8 cm, 0.38 kg
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 Monetary Theory of Production Graziani Hardback Cambridge University Press
The Monetary Theory of Production
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.
Augusto Graziani (Author)
9780521812115, Cambridge University Press
Hardback, published 4 September 2003
188 pages
22.4 x 14.4 x 1.8 cm, 0.38 kg
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]
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