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The Monetary Theory of Production (English, Augusto Graziani)
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Book Details
| ISBN-13 | 9780521812115 |
| ISBN-10 | 0521812119 |
Product Description
About the Book
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 expon…
ISBN: 9780521812115
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