The Resource Economic theory of bank credit, L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann

Economic theory of bank credit, L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann

Label
Economic theory of bank credit
Title
Economic theory of bank credit
Statement of responsibility
L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann
Creator
Contributor
Author
Translator
Writer of introduction
Subject
Language
  • eng
  • ger
  • eng
Summary
L. Albert Hahn published the first edition of the 'Economic Theory of Bank Credit' in 1920 and a radically revised third edition in 1930. 'Economic Theory of Bank Credit' is a clear exposition of a theory of credit and stands in the tradition of Harley Withers, Henry Macleod, and Knut Wicksell. A theory of credit recognizes that banks are not only intermediaries of savings but in fact create money themselves. This idea is paired with a detailed account of the technical processes of the banking sector. In Part Two, Hahn provides an economic account of the effects of credit creation on the economy: banks vary their credit creation activity for various reasons and cause fluctuations in overall economic activity. Hahn therefore develops a monetary theory of the business cycle in the spirit of Schumpeter. The first and third editions draw different conclusions about central bank policy. The first edition is optimistic that an ever-lasting boom could be achieved, whilst the third edition sees the core function of central bank policy as smoothing economic fluctuations.0Translated by Matthew Clemens
Member of
Cataloging source
ERASA
http://library.link/vocab/creatorDate
1889-1968
http://library.link/vocab/creatorName
Hahn, L. Albert
Dewey number
332.7
Index
index present
LC call number
HG 3701 .V6513 2015
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Matt, Clemens
  • Hagemann, Harald
http://library.link/vocab/subjectName
  • Credit
  • Banks and banking
Label
Economic theory of bank credit, L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
23 cm
Edition
First edition.
Extent
160 pages
Isbn
9780198723073
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
System control number
  • (OCoLC)908334574
  • (OCoLC)ocn908334574
Label
Economic theory of bank credit, L. Albert Hahn ; translated by Clemens Matt ; with an introduction by Harald Hagemann
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Dimensions
23 cm
Edition
First edition.
Extent
160 pages
Isbn
9780198723073
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
System control number
  • (OCoLC)908334574
  • (OCoLC)ocn908334574

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