Edward W. Fuller,Warren Young
A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking
A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking
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- More about A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking
Format: Hardback
Length: 210 pages
Publication date: 17 February 2025
Publisher: Taylor & Francis Ltd
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.
Weight: 480g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032867595
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