A Financial Theory of the Business Cycle

Net Present Value and Fractional Reserve Banking

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  • A Financial Theory of the Business Cycle voorkant
  • A Financial Theory of the Business Cycle achterkant

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.

Specificaties
ISBN/EAN 9781032867595
Auteur Edward W. Fuller
Uitgever Van Ditmar Boekenimport B.V.
Taal Engels
Uitvoering Gebonden in harde band
Pagina's 288
Lengte
Breedte

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