Economic theory of bank credit / L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann.
'Economic Theory of Bank Credit' is a clear exposition of a theory of credit, standing in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognises that banks are not only intermediaries of savings but in fact create money themselves. This idea is pai...
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