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Money, Interest, and the Structure of Production

Resolving Some Puzzles in the Theory of Capital
  • ISBN-13: 9781498557542
  • Publisher: ROWMAN & LITTLEFIELD PUBLISHERS
    Imprint: LEXINGTON BOOKS
  • By Mateusz Machaj
  • Price: AUD $224.00
  • Stock: 0 in stock
  • Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
  • Local release date: 14/12/2017
  • Format: Hardback 214 pages Weight: 0g
  • Categories: Personal finance [VSB]
Description
Table of
Contents
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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.
Acknowledgments Introduction Part I: Microeconomic Aspects of the Capital Structure Chapter 1: Interest as a Factorial Payment Chapter 2: Challenges Concerning the Structure of Production Part II: Macroeconomic Aspects of the Capital Structure Chapter 3: Expenditures Equilibrium and Say's Law. Chapter 4: Potential Output versus Intertemporal Equilibrium. Chapter 5: Non-Neutrality of Monetary Flows for the Structure of Production. Chapter 6: Monetary Policy as Interest Policy. Conclusion Bibliography About the Author
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