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Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth - Softcover

Godley, W.; Lavoie, M.

  • 4.11 out of 5 stars
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9780230301849: Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth
Softcover
ISBN 10: 0230301843 ISBN 13: 9780230301849
Publisher: Palgrave Macmillan, 2012

Synopsis

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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About the Author

WYNNE GODLEY was Director of the Department of Applied Economics at the University of Cambridge, UK, from 1970 to 1987, and a Professor of Applied Economics from 1980 to 1993. Subsequently, he was a Distinguished Scholar at the Levy Economics Institute of Bard College, New York, USA, and then a Visiting Research Associate at the Cambridge Endowment for Research in Finance.
 
MARC LAVOIE is Professor in the Department of Economics at the University of Ottawa, Canada. He has written over 175 journal articles and book chapters, as well as authoring Foundations of Post-Keynesian Economic Analysis and Introduction to Post-Keynesian Economics.

"About this title" may belong to another edition of this title.

Publisher
Palgrave Macmillan
Publication date
2012
Language
English
ISBN 10 
0230301843
ISBN 13 
9780230301849
Binding
Paperback
Edition number
2
Number of pages
576
Rating
  • 4.11 out of 5 stars
    28 ratings by Goodreads