Money, Interest, and the Structure of Production: Resolving Some Puzzles in the Theory of Capital
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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 production, an envisioned th...
Such questions and many others relate to the central concept discussed in the book: heterogeneous structure of production, an envisioned th...























