FINANCIAL THEORY OF THE BUSINESS CYCLE net present value and fractional reserve banking.
A Financial Theory of the Business Cycle presents a new approach to business cycle theory based on the net present value. The book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations. In addition to providing fres...
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| Main Author | |
|---|---|
| Other Authors | |
| Format | Electronic eBook |
| Language | English |
| Published |
[S.l.] :
ROUTLEDGE,
2025.
|
| Series | Routledge frontiers of political economy.
|
| Subjects | |
| Online Access | Full text |
| ISBN | 9781040306758 1040306756 9781040306833 1040306837 9781003529040 1003529046 1032867590 9781032867595 |
| Physical Description | 1 online resource |
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