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The Monetary Theory of Production (Federico Caffe Lectures) PDF

184 Pages·1999·8 MB·English
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by Augusto Graziani| 1999| 184 pages| 8| English

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:PDF
Price:FREE
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