Time and Money : The Macroeconomics of Capital Structure, Hardback Book

Time and Money : The Macroeconomics of Capital Structure Hardback

Part of the Routledge Foundations of the Market Economy series

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Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics.

The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.

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