Money in Motion
The Post-Keynesian and Circulation Approaches
In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume…
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Produktdetails
Weitere Autoren: Nell, Edward J. (Hrsg.)
- ISBN: 978-1-349-24525-3
- EAN: 9781349245253
- Produktnummer: 33312984
- Verlag: Springer-Verlag GmbH
- Sprache: Englisch
- Erscheinungsjahr: 2016
- Seitenangabe: 770 S.
- Plattform: PDF
- Masse: 78'482 KB
- Abbildungen: Bibliographie
4 weitere Werke von Ghislain (Hrsg.) Deleplace:
New Perspectives on Political Economy and Its History
The Post-Keynesian and Circulation Approaches
The Post-Keynesian and Circulation Approaches
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