The evolution of creditary structures and controls

Geoffrey W. Gardiner

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.

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Year of publication:	2006
Authors:	Gardiner, Geoffrey
Publisher:	New York : Palgrave Macmillan

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Extent:	Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	Includes bibliographical references (p. 266-268) and index
ISBN:	978-0-230-28844-7 ; 978-1-4039-8753-2
Other identifiers:	10.1057/9780230288447 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014484696