eBook - PDF

Money, Interest, and the Structure of Production

Name: Money, Interest, and the Structure of Production
ISBN: 9798216210702

Resolving Some Puzzles in the Theory of Capital

Mateusz Machaj,

215 pages
English
PDF
Available on iOS & Android

eBook - PDF

Money, Interest, and the Structure of Production

Resolving Some Puzzles in the Theory of Capital

Mateusz Machaj,

About this book

Is macroeconomic equilibrium possible under capitalism? How do economic bubbles develop? How does a monetary system influence the market mechanism? Is the return on capital a beneficial feature of the economic system? How does complexity of a capitalist organization influence the market process? Can output under capitalism be easily measured and modeled?
Such questions and many others relate to the central concept discussed in the book: heterogeneous structure of production, an envisioned theoretical connection between stages of the capitalist process. An inquiry into the functioning of a capital structure is necessary to understand the workings of the interest rate, savings, aggregate demand, and economic growth. Additionally it provides a theoretical framework to recognize consequences of monetary regimes and interest rate policies performed by the central banks.

Capital structure concepts have their place at the center of economic theory as they can provide a broad range of insights into our understanding of the real world. Money, Interest, and the Structure of Production offers key insights in that direction.

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Yes, you can access Money, Interest, and the Structure of Production by Mateusz Machaj in PDF and/or ePUB format, as well as other popular books in Personal Development & Personal Finance. We have over one million books available in our catalogue for you to explore.