Rethinking The Theory Of Money Credit And Macroeconomics
Download and Read Rethinking The Theory Of Money Credit And Macroeconomics full books in PDF, ePUB, and Kindle. Read online free Rethinking The Theory Of Money Credit And Macroeconomics ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Rethinking the Theory of Money, Credit, and Macroeconomics
Author | : John Smithin |
Publisher | : Rowman & Littlefield |
Total Pages | : 258 |
Release | : 2018-09-15 |
Genre | : Business & Economics |
ISBN | : 1498542824 |
Download Rethinking the Theory of Money, Credit, and Macroeconomics Book in PDF, Epub and Kindle
This book provides a comprehensive re-working of the basic principles of monetary macroeconomics in an alternative monetary model (AMM) of economic growth, the business cycle, inflation and income distribution. These principles differ considerably from those advanced in the standard macroeconomics literature and in textbooks. However, the latter have been demonstrably unsuccessful in the promotion of usable macroeconomic policy advice for the past several years, actually decades. A different approach is needed. In particular, the new approach takes seriously the vital role of credit creation and endogenous money in capitalism. It does not imagine that all of the difficult questions of economic policy-making may be resolved within a paradigm that conceptualizes economic activity as merely a question of barter exchange. The result is a blueprint for a set of growth-friendly macroeconomic policies which will promote full employment, financial stability and higher real wages – essentially for the benefit of the long-suffering middle and working classes rather for the chamber of commerce and financial interests.
Rethinking the Theory of Money, Credit, and Macroeconomics Related Books
Pages: 258
Pages: 296
Pages: 322
Pages: 360
Pages: 306