The Monetary Theory of Production is popular PDF and ePub book, written by Augusto Graziani in 2003-09-04, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Monetary Theory of Production can be Read Online from any device for your convenience.
The Monetary Theory of Production Book PDF Summary
In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Detail Book of The Monetary Theory of Production PDF
- Author : Augusto Graziani
- Release : 04 September 2003
- Publisher : Cambridge University Press
- ISBN : 9781139438001
- Genre : Business & Economics
- Total Page : 190 pages
- Language : English
- PDF File Size : 8,5 Mb
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