Time and Money

The Macroeconomics of Capital Structure

By: Roger W Garrison

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Paperback | 11 January 2007 | Edition Number 1

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292 Pages

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15.7 x 23.4 x 1.6

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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.

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