Monetary economics : an integrated approach to credit, money, income, production and wealth
Wynne Godley (Author), M. Lavoie (Author)
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
eBook, English, 2012
Second edition View all formats and editions
Palgrave Macmillan, Houndmills, Basingstoke, Hampshire, 2012
1 online resource
9781137085993, 9780230301849, 1137085991, 0230301843
949275831
Previous edition: 2007