- English
- PDF
- Available on iOS & Android
eBook - PDF
About this book
This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which 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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Yes, you can access Monetary Economics by W. Godley,M. Lavoie in PDF and/or ePUB format, as well as other popular books in Economics & Finance. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Contents
- Notations Used in the Book
- List of Tables
- List of Figures
- Preface
- 1 Introduction
- 2 Balance Sheets, Transaction Matrices and the Monetary Circuit
- 3 The Simplest Model with Government Money
- 4 Government Money with Portfolio Choice
- 5 Long-term Bonds, Capital Gains and Liquidity Preference
- 6 Introducing the Open Economy
- 7 A Simple Model with Private Bank Money
- 8 Time, Inventories, Profits and Pricing
- 9 A Model with Private Bank Money, Inventories and Inflation
- 10 A Model with both Inside and Outside Money
- 11 A Growth Model Prototype
- 12 A More Advanced Open Economy Model
- 13 General Conclusion
- References
- Index