Wäckerle, Manuel - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-40, pp. 1-45
The complexity of credit-money is conceived as the central issue in the banking-macro nexus, which the authors consider as a structural as well as process component of the evolving economy. This nexus is significant for the stability as well as the fragility of the economic system, because it...
