The Monetary Theory of Production Contributor(s): Graziani, Augusto (Author) |
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ISBN: 0521104173 ISBN-13: 9780521104173 Publisher: Cambridge University Press OUR PRICE: $39.89 Product Type: Paperback - Other Formats Published: March 2009 Annotation: 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 flows. |
Additional Information |
BISAC Categories: - Business & Economics | Money & Monetary Policy - Business & Economics | Economics - General - Social Science |
Dewey: 332.401 |
Series: Federico Caffe Lectures |
Physical Information: 0.43" H x 5.5" W x 8.5" (0.54 lbs) 188 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |
Contributor Bio(s): Graziani, Augusto: - Augusto Graziani is Professor of Economics in the University of Rome La Sapienza. He is the author of Teoria Economica (4th edition, 2002). |