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The Monetary Theory of Production (Federico Caffè Lectures) (in English)
Augusto Graziani
(Author)
·
Cambridge University Press
· Paperback
The Monetary Theory of Production (Federico Caffè Lectures) (in English) - Graziani, Augusto
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Synopsis "The Monetary Theory of Production (Federico Caffè Lectures) (in English)"
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 flow. Money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth in mainstream economic theory. In neither case is it considered fundamental to the production of goods or the distribution of income. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument which will stimulate debate.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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