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Finance as a Constraint in a Developed Economy

  • A. T. K. Grant

Abstract

What follows is an attempt to bring together the underlying issues, and to show their relevance to each other, and the general implications which emerge. In particular it is concerned with effective demand in a developed economy which is continuing to grow richer, and with the power of fiscal and credit measures to regulate it. It deals with these and other forces whose interaction affects demand, output and prices. It examines the longterm significance of the continuing increase in real income and of increasing wealth per head.

Keywords

Interest Rate Money Supply Financial Asset Money Demand Financial Pressure 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© A. T. K. Grant 1972

Authors and Affiliations

  • A. T. K. Grant
    • 1
  1. 1.Pembroke CollegeCambridgeUK

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