Loading... Please wait...


 

Money And Credit In Capitalist Economies: The Endogenous Money Approach

L. Randall Wray

Hardback

Free delivery delivery information

We do not currently stock this item. Click Notify Me button to get notified when this item becomes available More delivery info

Rating by 0 customers, Add your review

Be the first to like this

Learn More

You can use the 'like' button to provide positive feedback on products, reviews and other features on the website. 'Like' is similar to voting and will be used to present the most popular content. Once you have clicked 'like', you cannot 'unlike'. You can only 'like' something once.

The Angus & Robertson difference

  • Free Delivery on all items Australia wide
  • Proudly Australian owned
  • 30 day no-hassle returns

NOT IN STOCK delivery information

Get notified when this item becomes available

If you enjoyed this product, share it with others

Money And Credit In Capitalist Economies: The Endogenous Money Approach

Synopsis

I strongly recommend Wray's book to every monetary theorist. . . . Wray s book should be excellent supplementary reading. Sheila C. Dow, Scottish Journal of Political Economy This is an ambitious and altogether excellent book. It should be read by all monetary economists, especially by those interested in the endogeneity debates. Christopher J. Niggle, Journal of Economic Issues . . . perhaps the most significant contribution to the post Keynesian monetary literature since Paul Davidson s Money and the Real World. Adrian Winnett, The Manchester School of Economic and Social Studies Professor Wray has written a wonderful book. He is one of the most promising young scholars in the post Keynesian movement. I look forward to his future contributions to the fields of monetary theory and policy. Charles J. Wilson, Review of Political Economy This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the origins and nature of money and of the evolution of monetary institutions and theory. Unlike other recent works on endogenous money , this book incorporates liquidity preference theory within the analysis by carefully distinguishing money from liquidity and by showing how money, but not liquidity, is created on demand. This naturally leads to a role for liquidity preference in the determination of interest rates. Extensions then link money to financial instability, the expenditure multiplier, credit, saving, investment, development, deficits and growth. This controversial and provocative book will be essential reading for all economists and researchers concerned with monetary and macroeconomics. It will have particular appeal to post Keynesian economists.

Product Details

ISBN:
9781852783563
Category:
Monetary Economics
Format:
Hardback
Publication Date:
1990-11-22
Publisher:
EDWARD ELGAR PUBLISHING LTD
Illustrations:
bibliography, index
Country of origin:
United Kingdom
Pages:
352
Dimensions (mm):
230mm
Weight:
350g

Customer Reviews

Average rating from customers

Zero Stars
  • Be the first to review Money And Credit In Capitalist Economies: The Endogenous Money Approach

see all reviews

Your Recent History