Money, Interest, and the Structure of Production

Money, Interest, and the Structure of Production

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Is macroeconomic equilibrium possible under capitalism? How do economic bubbles develop? How does a monetary system influence the market mechanism? Is the return on capital a beneficial feature of the economic system? How does complexity of a capitalist organization influence the market process? Can output under capitalism be easily measured and modeled?

Such questions and many others relate to the central concept discussed in the book: heterogeneous structure of… (more)