Money, Interest, and the Structure of Production

Resolving Some Puzzles in the Theory of Capital

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Business & Finance, Personal Finance
Cover of the book Money, Interest, and the Structure of Production by Mateusz Machaj, Lexington Books
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Author: Mateusz Machaj ISBN: 9781498557559
Publisher: Lexington Books Publication: October 5, 2017
Imprint: Lexington Books Language: English
Author: Mateusz Machaj
ISBN: 9781498557559
Publisher: Lexington Books
Publication: October 5, 2017
Imprint: Lexington Books
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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