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Item Details
| Title:
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MONETARY ECONOMICS
AN INTEGRATED APPROACH TO CREDIT, MONEY, INCOME, PRODUCTION AND WEALTH |
| By: |
Wynne A. H. Godley, Marc Lavoie |
| Format: |
Hardback |
| List price:
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£139.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0230500552 |
| ISBN 13: |
9780230500556 |
| Publisher: |
PALGRAVE MACMILLAN |
| Pub. date: |
1 December, 2006 |
| Pages: |
530 |
| Description: |
Introduces a different methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets (including money) and liabilities, thereby determining how whole economies evolve through time. This book describes simple Stock Flow Consistent (SFC) models, as well as complex models. |
| Synopsis: |
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. |
| Illustrations: |
biography |
| Publication: |
UK |
| Imprint: |
Palgrave Macmillan |
| Returns: |
Returnable |
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