景気循環の金融理論:正味現在価値と部分準備銀行制度
A Financial Theory of the Business Cycle
Net Present Value and Fractional Reserve Banking
Routledge Frontiers of Political Economy
Fuller, Edward W.
Young, Warren
- 出版社:Routledge
- 出版年月:2025年 02月
- ISBN:9781032867595
- 装丁:HRD
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装丁について
- 言語:ENG
- 巻数・ページ数:210 p.
- DDC分類:338.542
- 内容紹介:
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This book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations. In addition to providing fresh insights, the new diagrammatic approach provides a comparative framework that can be used to compare pre-existing theories, including those of John Maynard Keynes, Friedrich Hayek, Milton Friedman, and Robert E. Lucas, Jr.