Economic theory of bank credit /

Hahn, L. Albert,‏ ‎ 1889-1968‏

Economic theory of bank credit / L. Albert Hahn ; translated by Clemens Matt ; introduction by Harald Hagemann. - Oxford ; New York : Oxford University Press, 2015. - xlii, 195 p. : ill. ; 22 cm.

Index : p. 189-195.

Includes bibliographical references.

Economic Theory of Bank Credit' is a clear exposition of a theory of credit, standing in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognises that banks are not only intermediaries of savings but in fact create money themselves. This idea is paired with a detailed accountof the technical processes of the banking sector.

9780198723073 0198723075

2015935255


Credit.
Banks and banking.





332.7 / HAH