The Evolution of Creditary Structures and Controls

G. Gardiner

ISBN 10: 140398753X / ISBN 13: 9781403987532

Published by Palgrave Macmillan UK, Palgrave Macmillan UK Apr 2006, 2006

About this Item

Neuware -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.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 292 pp. Englisch.

Seller Inventory # 9781403987532

Bibliographic Details

• Title: The Evolution of Creditary Structures and Controls
• Publisher: Palgrave Macmillan UK, Palgrave Macmillan UK Apr 2006
• Publication Date: 2006
• Language: English
• ISBN 10: 140398753X
• ISBN 13: 9781403987532
• Binding: Buch
• Condition: Neu

About this title

Synopsis

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.

About the Author

GEOFFREY W. GARDINER is a Former Manager in the Financial Services Division of the Barclays Group.