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Money and Credit in Capitalist Economies: The Endogenous Money Approach Wray, L

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EAN
9781852783563
Book Title
N/A
ISBN
9781852783563
Subject Area
Business & Economics
Publication Name
Money and Credit in Capitalist Economies : the Endogenous Money Approach
Publisher
Elgar Publishing, Incorporated, Edward
Item Length
9.2 in
Subject
Money & Monetary Policy
Publication Year
1990
Type
Textbook
Format
Hardcover
Language
English
Item Height
0.6 in
Author
L. Randall Wray
Item Weight
23.5 Oz
Item Width
6.1 in
Number of Pages
352 Pages

關於產品

Product Information

This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the origins and nature of money and of the evolution of monetary institutions and theory. Unlike other recent works on 'endogenous money', this book incorporates liquidity preference theory within the analysis by carefully distinguishing money from liquidity and by showing how money, but not liquidity, is created on demand. This naturally leads to a role for liquidity preference in the determination of interest rates. Extensions then link money to financial instability, the expenditure multiplier, credit, saving, investment, development, deficits and growth. This controversial and provocative book will be essential reading for all economists and researchers concerned with monetary and macroeconomics. It will have particular appeal to post Keynesian economists.

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
1852783567
ISBN-13
9781852783563
eBay Product ID (ePID)
1431813

Product Key Features

Number of Pages
352 Pages
Language
English
Publication Name
Money and Credit in Capitalist Economies : the Endogenous Money Approach
Publication Year
1990
Subject
Money & Monetary Policy
Type
Textbook
Subject Area
Business & Economics
Author
L. Randall Wray
Format
Hardcover

Dimensions

Item Height
0.6 in
Item Weight
23.5 Oz
Item Length
9.2 in
Item Width
6.1 in

Additional Product Features

LCCN
90-013856
Dewey Edition
20
Reviews
'I strongly recommend Wray's book to every monetary theorist. . . . Wray's book should be excellent supplementary reading.', 'Professor Wray has written a wonderful book. He is one of the most promising young scholars in the post Keynesian movement. I look forward to his future contributions to the fields of monetary theory and policy.', '. . . perhaps the most significant contribution to the post Keynesian monetary literature since Paul Davidson's Money and the Real World.', 'This is an ambitious and altogether excellent book. It should be read by all monetary economists, especially by those interested in the endogeneity debates.'
Target Audience
Scholarly & Professional
Dewey Decimal
332.4/14
Lc Classification Number
Hg226.3.W73 1990
Copyright Date
1990

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