• Time and Money: The Macroeconomics of Capital Structure See large image

    Time and Money: The Macroeconomics of Capital Structure (Foundations of the Market Economy) (Paperback) By (author) Roger W. Garrison

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    Short Description for Time and MoneyPresents an argument that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may be analysed with the aid of a capital-based macroeconomics. This work focuses on the intertemporal structure of capital, an area that has been neglected in favour of labour and money-based macroeconomics.
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  • "Time and Money" argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.