Money, Interest, and the Structure of Production

by Machaj, Mateusz
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Machaj, Mateusz Money, Interest, and the Structure of Production
Machaj, Mateusz - Money, Interest, and the Structure of Production

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Is macroeconomic equilibrium possible under capitalism? How do economic bubbles develop? How does a monetary system influence the market mechanism? Is the return on capital a beneficial feature of the economic system? How does complexity of a capitalist organization influence the market process? Can output under capitalism be easily measured and modeled?
Such questions and many others relate to the central concept discussed in the book: heterogeneous structure of production, an envisioned theoretical connection between stages of the capitalist process. An inquiry into the functioning of a capital structure is necessary to understand the workings of the interest rate, savings, aggregate demand, and economic growth. Additionally it provides a theoretical framework to recognize consequences of monetary regimes and interest rate policies performed by the central banks.

Capital structure concepts have their place at the center of economic theory as they can provide a broad range of insights into our understanding of the real world. Money, Interest, and the Structure of Production offers key insights in that direction.


Machaj, Mateusz

Further information

Number of Pages:
Media Type:
Buch gebunden

Master Data

Product Type:
Hardback book
Release date:
15 October 2017
Package Dimensions:
0.228 x 0.152 x 0.022 m; 0.64 kg
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