A Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking

Routledge
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9781032867595
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ISBN13:
9781032867595
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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.


  • | Author: Edward W. Fuller
  • | Publisher: Routledge
  • | Publication Date: Feb 17, 2025
  • | Number of Pages: 00210 pages
  • | Binding: Hardback or Cased Book
  • | ISBN-10: 1032867590
  • | ISBN-13: 9781032867595
Author:
Edward W. Fuller
Publisher:
Routledge
Publication Date:
Feb 17, 2025
Number of pages:
00210 pages
Binding:
Hardback or Cased Book
ISBN-10:
1032867590
ISBN-13:
9781032867595