Money and credit in capitalist economies : the endogenous money approach
This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. Unlike other recent works on `endogenous money’, this book incorporates liquidity preference theory within the analysis by carefully distinguishing money from liquidity and by showing how money, but not liquidity, is created on demand.
Print Book, English, cop. 1990
Edward Elgar, Aldershot, England, cop. 1990
xx, 326 p. ; 22 cm
9781852783563, 1852783567
645003927