Abstract
Modern economic development is characterized by a permanent tendency towards growth. I will argue that growth depends substantially on the continuing and boundless creation of money and the resulting dynamics.
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Binswanger, H. C. (2009). Vorwärts zur Mässigung. Hamburg: Murmann Verlag.
Binswanger, H. C. (2006). Die Wachstumsspirale. Marburg: Metropolis-Verlag.
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© 2012 Springer-Verlag Berlin Heidelberg
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Binswanger, H.C. (2012). Growth imperative and money creation – a new outlook on growth dynamics. In: Mennillo, G., Schlenzig, T., Friedrich, E. (eds) Balanced Growth. Management for Professionals. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24653-1_1
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DOI: https://doi.org/10.1007/978-3-642-24653-1_1
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