The Growth Spiral formatIsbn:Hardcover - 9783642318801 In Kapitel vier kehre ich

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The Growth Spiral formatIsbn:Hardcover - 9783642318801 In Kapitel vier kehre ichThis book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand;