Monetary and Real Causes of Investment, Booms and Declines (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1330327659 / 9781330327654

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book analyzes economic theory centered around investment booms and downturns. The author posits that fluctuations follow economic patterns due to real factors like rising demand and shifts in the relative prices of labor and capital equipment, in conjunction with monetary variables such as money stock and interest rates. The author suggests that these theories are not competitive but complementary, and that they require integration to get the full picture of what drives these phenomena. The author's work is supported by simulations that isolate impacts and demonstrate how real and monetary factors work together to either reinforce expansion or contraction in the investment sector. He uses historical examples like the 1920s and 1950s upswings, as well as periods of decline like the 1930s Great Depression, to draw parallels between theoretical constructs and actual events. The book also explores the effect of long lead times on capital investment and integrates these concepts into a larger framework that explains booms and declines. The author argues that non-monetary forces can lead to sustained investment booms that turn into over-expansion, and that the same forces that drive the upturn reverse their influence once production capacity becomes excess. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781330327654_0

Title
Monetary and Real Causes of Investment, Booms and Declines (Classic Reprint)
Author
Nathaniel J. Mass
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330327659
ISBN 13
9781330327654
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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