Advertisement

Finance, the Falling Rate of Profit and Economic Devastation

Chapter
  • 10 Downloads

Abstract

In this chapter, we shall investigate the contribution of financial forces to the economic decline. Although most economists hold that financial institutions are designed to channel resources into productive activities, they do not necessarily do so. Indeed, the financial pressures associated with a decline can lead investors to withhold their funds from productive activities while they dissipate their funds in investments of the most wasteful sort.

Keywords

Interest Rate Banking System Institutional Investor High Interest Rate Fall Rate 
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.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Michael Perelman 1993

Authors and Affiliations

  1. 1.California State UniversityUSA

Personalised recommendations