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A Financial Theory of the Business Cycle

af Edward W. Fuller
A Financial Theory of the Business Cycleaf Edward W. Fuller
Bag om A Financial Theory of the Business Cycle

A Financial Theory of the Business Cycle presents a new approach to business cycle theory based on the net present value. The book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781032867595
  • Indbinding:
  • Hardback
  • Sideantal:
  • 288
  • Udgivet:
  • 4. februar 2025
  • Størrelse:
  • 156x234x0 mm.
  • BLACK NOVEMBER
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A Financial Theory of the Business Cycle presents a new approach to business cycle theory based on the net present value. The book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations.

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