Lindner, Fabian - Institut für Makroökonomie und Konjunkturforschung … - 2012
accounting can clarify the nature of economic phenomena and be an important building block for economic theory. The paper will … lending, financial saving and physical investment it will be shown that this is a nonsense statement. The theory behind it … - the loanable funds theory - will be analysed and critiqued. It will be shown that the loanable funds theory confuses the …