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Capital and Credit

A New Formulation of General Equilibrium Theory

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  • 226 pages
  • 8 hours of reading

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This work presents a critical integration of growth theory and monetary theory, proposing a capital-theoretic general equilibrium framework. It aims to provide a comprehensive understanding of how capital accumulation influences economic growth and monetary dynamics, addressing gaps in existing theories and offering a robust analytical approach. The synthesis is essential for economists seeking to understand the interplay between these two fundamental areas of economic theory.

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Capital and Credit, Michio Morishima

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Released
2011
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(Paperback)
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