The Evolution of Creditary Structures and Controls
- Editore:
Palgrave Macmillan
- EAN:
9781403987532
- ISBN:
140398753X
- Pagine:
- 304
- Formato:
- Hardback
- Lingua:
- Inglese
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Descrizione The Evolution of Creditary Structures and Controls
The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.
Fuori catalogo - Non ordinabile
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