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 - 9781032867601 - July 20, 2026
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Edward W. Fuller
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.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released July 20, 2026
ISBN13 9781032867601
Publishers Taylor & Francis Ltd
Pages 210
Dimensions 150 × 220 × 10 mm   ·   410 g
Language English  

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