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

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. Locating literature at the intersection of distinct areas of thinking on the nature, scope and methods of knowledge philosophy, theology, science, and the law this book engages with literary texts across periods and genres to address questions of probability, problems of evidence, the uses of experiment and the poetics and ethics of doubt.

• | Author: M. Lavoie, W. Godley
• | Publisher: Palgrave Macmillan
• | Publication Date: Mar 27, 2012
• | Number of Pages:
• | Language:
• | Binding: Paperback / softback
• | ISBN-13: 9780230301849
• | ISBN-10: 0230301843