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About The Monetary Theory of Production
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.
Detailed Information
| Author: | Augusto Graziani |
|---|---|
| Publication Year: | 2003 |
| ISBN: | 9780511064586 |
| Pages: | 188 |
| Language: | English |
| File Size: | 0.848 |
| Format: | |
| Price: | FREE |
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