ISBN-13: 9780415240567 / Angielski / Twarda / 2000 / 192 str.
ISBN-13: 9780415240567 / Angielski / Twarda / 2000 / 192 str.
Beginning with the development of credit-money theory in the 20th-century, the author derives a model that explains how interest rates are used by authorities to maintain price stability, and suggests how the current policy framework can be improved to promote growth.