000 03808nam a22004455i 4500
001 978-0-387-98169-7
003 DE-He213
005 20251006084433.0
007 cr nn 008mamaa
008 100917s2010 xxu| s |||| 0|eng d
020 _a9780387981697
020 _a99780387981697
024 7 _a10.1007/978-0-387-98169-7
_2doi
082 0 4 _a338.9
_223
100 1 _aTaylor, Lester D.
_eauthor.
245 1 0 _aCapital, Accumulation, and Money
_h[electronic resource] :
_bAn Integration of Capital, Growth, and Monetary Theory /
_cby Lester D. Taylor.
250 _aSecond.
264 1 _aBoston, MA :
_bSpringer US :
_bImprint: Springer,
_c2010.
300 _aXXVIII, 250p. 30 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aPremises and an Overview -- Myros and Other Concepts and Definitions -- The Macroeconomic Framework -- Interest and Money -- Production and Investment -- General Price Level and Inflation -- Capital Values, Wealth, and Related Topics -- Macroeconomic Equilibrium and Employment -- Capital Theory in Perspective -- Opportunity and Sunk Costs -- Trade, Transfers, and Monetary Overhangs -- Questions Related to Consumption and Saving -- Questions Related to Economic Growth -- Themes and Counterthemes: Fluid Capital in Retrospect -- Background and Tools for Understanding and Dealing with Recurrent Financial Crises -- Booms, Busts, and Financial Panics: The Financial Meltdown of 2007-2009.
520 _aCapital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital and money. A root concept of capital is formulated that allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Capital and monetary theory are integrated in a non-mathematical framework that imposes a number of constraints on the macro behavior of an economy, constraints which make for the straightforward understanding of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development. This fully expanded, revised, and updated edition features important new material on a variety of timely topics, including: * Factors leading to the financial meltdown and turmoil of 2007-09; * Why bubbles form in asset markets and how these impact on the real economy; * The importance of a lender-of-last-resort in times of financial stress; * Future financing and funding of the U. S. Social Security System. Additionally, the author offers a number of ideas for alleviating the severity, if not the avoidance altogether, of financial crises in the future. This is a book for those -- students (both graduate and undergraduate) and their teachers, investors, and the informed public -- who want an understanding of how economies and financial markets function, without an advanced degree in mathematics.
650 0 _aECONOMICS.
650 0 _aENDOGENOUS GROWTH (ECONOMICS).
650 0 _aMACROECONOMICS.
650 1 4 _aECONOMICS/MANAGEMENT SCIENCE.
650 2 4 _aECONOMIC GROWTH.
650 2 4 _aMACROECONOMICS/MONETARY ECONOMICS.
650 2 4 _aFINANCE/INVESTMENT/BANKING.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9780387981680
856 4 0 _uhttp://dx.doi.org/10.1007/978-0-387-98169-7
_zVer el texto completo en las instalaciones del CICY
912 _aZDB-2-SBE
942 _2ddc
_cER
999 _c59597
_d59597