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Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking

Financial Theory of the Business Cycle: Net Present Value and Fractional Reserve Banking

by Fuller, Edward W
No customer reviews yet ISBN 9781032867601

A Financial Theory of the Business Cycle presents a new approach to business cycle theory based on the net present value. The book develops a novel diagrammatic approach to illustrate how fractional reserve banking systematically distorts net-present-value calculations.

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Pub dateJul 20, 2026
ISBN-101032867604
ISBN-139781032867601
LanguageEnglish
Last updated 2026-09-07 18:48
$67.86
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