Monetary Economics

Monetary Economics

W. Godley

Format: Print Book

ISBN: 9780230301849

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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.

Publication Year: 2012
Imprint: Palgrave Macmillan UK
Format: P
Weight (Gram): 729






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