MARC details
| 000 -LEADER |
| fixed length control field |
08389nam a2201513 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
| control field |
DE-B1597 |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
| control field |
20260416115148.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
260303s2024 nju fo d z eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
| International Standard Book Number |
9780691232379 |
| 041 0# - LANGUAGE CODE |
| Language |
|
| 044 ## - COUNTRY OF PUBLISHING/PRODUCING ENTITY CODE |
| MARC country code |
nju |
| ISO country code |
US-NJ |
| 072 #7 - SUBJECT CATEGORY CODE |
| Subject category code |
BUS |
| Subject category code subdivision |
039000 |
| Source |
bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE |
| Subject category code |
BUS |
| Subject category code subdivision |
023000 |
| Source |
bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE |
| Subject category code |
POL |
| Subject category code subdivision |
024000 |
| Source |
bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE |
| Subject category code |
BUS |
| Subject category code subdivision |
027000 |
| Source |
bisacsh |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Bolton, Patrick, |
| 245 00 - TITLE STATEMENT |
| Title |
Money Capital : |
| Remainder of title |
New Monetary Principles for a More Prosperous Society / |
| Statement of responsibility, etc |
Patrick Bolton, Haizhou Huang. |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
1 online resource |
| 505 00 - FORMATTED CONTENTS NOTE |
| Title |
Frontmatter -- |
| -- |
contents -- |
| -- |
List of illustrations and tables -- |
| -- |
Preface -- |
| -- |
1 The Poverty of Monetarism -- |
| -- |
2 The Capital Structure of Nations -- |
| -- |
3 Money, Banking, and the Lender of Last Resort -- |
| -- |
4 How Did China Finance Its Growth? -- |
| -- |
5 The Coordination of Fiscal and Monetary Policy -- |
| -- |
6 Money and Sovereignty -- |
| -- |
7 Taking Stock -- |
| -- |
Acknowledgments -- |
| -- |
References -- |
| -- |
Index |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
A novel perspective on monetary and fiscal policy that views money as the equity capital of a nationA conventional economic theory, monetarism, holds that inflation is a monetary phenomenon driven by changes in the supply of money. Yet recent experience—including the aftermath of the financial crisis of 2008 and the economic development of China—contradicts this basic prediction. In this book, leading economists Patrick Bolton and Haizhou Huang offer a novel perspective, viewing monetary economics through the lens of corporate finance. They propose a rich theory of money supply where money can be seen as the equity capital of a nation, playing a similar role as stocks for a company. This innovative framework integrates the real and monetary sides of the economy, with a banking sector and debt at its core.In the financial world, companies issue new shares only if it results in some kind of value creation; this is a basic principle of corporate finance that Bolton and Huang argue can be applied to monetary economics. When the government increases the money supply to finance positive net value investments—when it prints money to keep the economy going—it increases output, not inflation. This is evidenced by the strong growth in GDP and money in China over the last four decades, and in the United States during World War II. The effect of increasing money supply, they argue, depends on how money enters the system and what the money buys. The principles outlined by Bolton and Huang shed new light on a range of issues, including inflation, monetary and fiscal policy, central banking, money and growth, and the international monetary system. |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
BUSINESS & ECONOMICS / Economics / Macroeconomics. |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
BUSINESS & ECONOMICS / Economic History. |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
POLITICAL SCIENCE / Public Policy / Economic Policy. |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
BUSINESS & ECONOMICS / Finance / General. |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
| Personal name |
Huang, Haizhou, |
| 856 40 - ELECTRONIC LOCATION AND ACCESS |
| Uniform Resource Identifier |
<a href="https://www.degruyterbrill.com/isbn/9780691232379">https://www.degruyterbrill.com/isbn/9780691232379</a> |
| 856 42 - ELECTRONIC LOCATION AND ACCESS |
| Uniform Resource Identifier |
<a href="https://www.degruyterbrill.com/document/cover/isbn/9780691232379/original">https://www.degruyterbrill.com/document/cover/isbn/9780691232379/original</a> |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Koha item type |
Electronic Books |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
| Relator term |
author. |
| Relator code |
aut |
| -- |
http://id.loc.gov/vocabulary/relators/aut |
| 264 #1 - |
| -- |
Princeton, NJ |
| -- |
Princeton University Press, |
| -- |
[2024] |
| 264 #4 - |
| -- |
©2024 |
| 336 ## - |
| -- |
text |
| -- |
txt |
| -- |
rdacontent |
| 337 ## - |
| -- |
computer |
| -- |
c |
| -- |
rdamedia |
| 338 ## - |
| -- |
online resource |
| -- |
cr |
| -- |
rdacarrier |
| 347 ## - |
| -- |
text file |
| -- |
PDF |
| -- |
rda |
| 506 0# - RESTRICTIONS ON ACCESS NOTE |
| Terms governing access |
restricted access |
| Uniform Resource Identifier |
<a href="http://purl.org/coar/access_right/c_16ec">http://purl.org/coar/access_right/c_16ec</a> |
| Standardized terminology for access restriction |
online access with authorization |
| Source of term |
star |
| 538 ## - SYSTEM DETAILS NOTE |
| System details note |
Mode of access: Internet via World Wide Web. |
| 545 ## - BIOGRAPHICAL OR HISTORICAL DATA |
| Biographical or historical note |
Patrick Bolton is professor of finance at Imperial College London and senior advisor to the Lazard Climate Center. Past president of the American Finance Association and a fellow of the Econometric Society, he is the coauthor of Contract Theory and The Green Swan: Central Banking and Financial Stability in the Age of Climate Change. Haizhou Huang Haizhou Huang is Special-Term Professor of Finance at PBoC School of Finance and Shanghai Advanced Institute of Finance and external member of the Monetary Policy Committee at the People's Bank of China (China's Central Bank). He is the author of The Global Financial System: Crises and Reforms and the coeditor of The Changing Fortunes of Central Banking. |
| 546 ## - LANGUAGE NOTE |
| Language note |
In English. |
| 588 0# - |
| -- |
Description based on online resource; title from PDF title page (publisher's Web site, viewed March 03 2026) |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Source of heading or term |
bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Source of heading or term |
bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Source of heading or term |
bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Source of heading or term |
bisacsh |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
money |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
banking |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
fiscal policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
development economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Principles: For A New Prosperity |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Patrick Bolton and Haizhou Huang |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Princeton University Press |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Princeton |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
government spending and policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
inflation |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
the national debt |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
the coronavirus relief package |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
modern monetary theory |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Students and scholars in finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
macroeconomics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
public policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
government spending |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Biden administration |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Federal reserve |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Interest rates |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Theory |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
effects of massive spending on the economy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
monetarism and political deficit concerns |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary economics and policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
money and banking |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
fiscal policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
development economics and finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Principles: For A New Prosperity |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Patrick Bolton and Haizhou Huang |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
money |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
banking |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
fiscal policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
development economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Principles: For A New Prosperity |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Patrick Bolton and Haizhou Huang |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Princeton University Press |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Princeton |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
government spending and policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
inflation |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
the national debt |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
the coronavirus relief package |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
modern monetary theory |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Students and scholars in finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
macroeconomics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
public policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international economics |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
government spending |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Biden administration |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Federal reserve |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Interest rates |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Theory |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
effects of massive spending on the economy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
monetarism and political deficit concerns |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary economics and policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
money and banking |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
fiscal policy |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
international finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
development economics and finance |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Monetary Principles: For A New Prosperity |
| 653 #0 - INDEX TERM--UNCONTROLLED |
| Uncontrolled term |
Patrick Bolton and Haizhou Huang |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
| Relator term |
author. |
| Relator code |
aut |
| -- |
http://id.loc.gov/vocabulary/relators/aut |
| 773 08 - HOST ITEM ENTRY |
| Display text |
Title is part of eBook package: |
| Place, publisher, and date of publication |
De Gruyter |
| Title |
Princeton University Press Complete eBook-Package 2024 |
| International Standard Book Number |
9783110749755 |
| Other item identifier |
ZDB-23-9 |
| 773 08 - HOST ITEM ENTRY |
| Display text |
Title is part of eBook package: |
| Place, publisher, and date of publication |
De Gruyter |
| Title |
EBOOK PACKAGE Business and Economics 2024 |
| International Standard Book Number |
9783111513232 |
| Other item identifier |
978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024 |
| 773 08 - HOST ITEM ENTRY |
| Display text |
Title is part of eBook package: |
| Place, publisher, and date of publication |
De Gruyter |
| Title |
EBOOK PACKAGE Business and Economics 2024 ENG |
| International Standard Book Number |
9783111513270 |
| Other item identifier |
978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG |
| 856 42 - ELECTRONIC LOCATION AND ACCESS |
| Materials specified |
Cover |
| 912 ## - |
| -- |
ZDB-23-9 |
| -- |
2024 |
| 912 ## - |
| -- |
978-3-11-151323-2 EBOOK PACKAGE Business and Economics 2024 |
| -- |
2024 |
| 912 ## - |
| -- |
978-3-11-151327-0 EBOOK PACKAGE Business and Economics 2024 ENG |
| -- |
2024 |
| 912 ## - |
| -- |
GBV-deGruyter-alles |