Monetary Economics

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.

Publication Year: 2007
Imprint: Palgrave Macmillan UK
Format: H
Weight (Gram): 850