Monetary Economics
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Product Details
Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780230301849
Condition
New
Product Description
This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how institutions create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.
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