 | John Cunningham Wood - Biography & Autobiography - 1994 - 582 pages
...obstacle to more than a certain amount of investment decisions being on the tapis at the same time. But "finance" has nothing to do with saving. At the...anyone's part, just as there has been no net investment. [Keynes 1937, p. 247] 14. For various perspectives on the endogenous money approach, see Philip Arestis... | |
 | John Cunningham Wood - Biography & Autobiography - 1994 - 558 pages
...investment decisions being on the tapis at the same time, But 'finance' has nothing to do with saving . . . 'Finance' and 'commitments to finance' are mere credit...entrepreneurs to go ahead with assurance ... It is, to an important extent, the 'financial' facilities which regulate the pace of new investment . . .... | |
 | Alvaro Cencini - Macroeconomics - 2005 - 384 pages
...respect to the ex ante equality between saving and investment. To make things clearer, Keynes argues that '"finance" has nothing to do with saving. At the "financial"...which allow entrepreneurs to go ahead with assurance' (ibid.: 209). What Keynes is telling us is, therefore, that ex ante investment may be financed by banks... | |
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finance' has nothing to do with saving. At the 'financial' stage of the proceedings no net saving has taken place on anyone's part, just as there has been no net investment. 'Finance' and 'commitments to finance' are mere credit and debit book entries,... 