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The Monetary Theory of Production
Contributor(s): Graziani, Augusto (Author)
ISBN: 0521104173     ISBN-13: 9780521104173
Publisher: Cambridge University Press
OUR PRICE:   $39.89  
Product Type: Paperback - Other Formats
Published: March 2009
Qty:
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).