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About The Monetary Theory of Production (Federico Caffe Lectures)
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: | 1999 |
ISBN: | 9780521104173 |
Pages: | 184 |
Language: | English |
File Size: | 8 |
Format: | |
Price: | FREE |
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