Description: Further DetailsTitle: Rethinking the Theory of Money, Credit, and MacroeconomicsCondition: NewEAN: 9781498542838ISBN: 9781498542838Publisher: Lexington BooksFormat: PaperbackRelease Date: 09/15/2020Item Height: 256mmItem Length: 178mmItem Width: 17mmItem Weight: 540gAuthor: John SmithinLanguage: EnglishSubtitle: A New Statement for the Twenty-First CenturyISBN-10: 1498542832Description: This book provides a comprehensive re-working of the basic principles of monetary macroeconomics in an alternative monetary model (AMM) of economic growth, the business cycle, inflation and income distribution. These principles differ considerably from those advanced in the standard macroeconomics literature and in textbooks. However, the latter have been demonstrably unsuccessful in the promotion of usable macroeconomic policy advice for the past several years, actually decades. A different approach is needed. In particular, the new approach takes seriously the vital role of credit creation and endogenous money in capitalism. It does not imagine that all of the difficult questions of economic policy-making may be resolved within a paradigm that conceptualizes economic activity as merely a question of barter exchange. The result is a blueprint for a set of growth-friendly macroeconomic policies which will promote full employment, financial stability and higher real wages – essentially for the benefit of the long-suffering middle and working classes rather for the chamber of commerce and financial interests.Country/Region of Manufacture: USGenre: Business & FinanceTopic: Children's Learning & Education, Society & CultureRelease Year: 2020 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
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Book Title: Rethinking the Theory of Money, Credit, and Macroeconomics
Title: Rethinking the Theory of Money, Credit, and Macroeconomics
EAN: 9781498542838
ISBN: 9781498542838
Release Date: 09/15/2020
Release Year: 2020
Subtitle: A New Statement for the Twenty-First Century
ISBN-10: 1498542832
Country/Region of Manufacture: US
Genre: Business & Finance
Topic: Society & Culture
Number of Pages: 258 Pages
Language: English
Publication Name: Rethinking the Theory of Money, Credit, and Macroeconomics : A New Statement for the Twenty-First Century
Publisher: Lexington Books/Fortress Academic
Item Height: 0.7 in
Subject: General, Economics / General, Economics / Theory, Philosophy, Theory & Social Aspects
Publication Year: 2020
Type: Textbook
Item Weight: 19.1 Oz
Author: John Smithin
Item Length: 10.1 in
Subject Area: Education, Business & Economics
Item Width: 7 in
Format: Trade Paperback
