The Evolution of Creditary Structures and Controls

Gardiner, G.

The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.

Details

Published by: Palgrave Macmillan

Publication Date: 2006-04-13

Format: Hardcover

ISBN-13: 9781403987532

DOI: 10.1057/9780230288447

Dimensions: 216cm x140cm

Pages: 277