A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking - Routledge Frontiers of Political Economy - Edward W. Fuller - Books - Taylor & Francis Ltd - 9781032867595 - February 17, 2025
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A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking - Routledge Frontiers of Political Economy

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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.


288 pages, 27 Tables, black and white; 58 Line drawings, black and white; 58 Illustrations, black an

Media Books     Hardcover Book   (Book with hard spine and cover)
Released February 17, 2025
ISBN13 9781032867595
Publishers Taylor & Francis Ltd
Pages 210
Dimensions 242 × 164 × 19 mm   ·   492 g
Language English  

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