The Evolution of Creditary Structures and Controls
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The Evolution of Creditary Structures and Controls

SKU: 9780230288447

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Additional information

Full Title

The Evolution of Creditary Structures and Controls
Author(s)

G. Gardiner
Edition
ISBN

9780230288447, 9781403987532, 9781349541560
Publisher

Palgrave Macmillan
Format

PDF and EPUB

Description

The author suggests that governments use faulty methods for regulating credit and argues the use of credit multipliers. He argues for a rejection of the theory of the investment multiplier because investment can reduce employment, and will lower prices. The productive resources it releases require new credit creation to employ them.