The Growth Spiral

Money, Energy, and Imagination in the Dynamics of the Market Process

  • Hans Christoph Binswanger

Table of contents

  1. Front Matter
    Pages i-xii
  2. Hans Christoph Binswanger
    Pages 1-5
  3. Money and the Market

    1. Front Matter
      Pages 7-7
  4. Money and the Market

  5. Market and Production

    1. Front Matter
      Pages 47-47
    2. Hans Christoph Binswanger
      Pages 75-91
    3. Hans Christoph Binswanger
      Pages 93-105
  6. Money and Production in the Dynamics of the Growth Spiral: Growth Imperative and Growth Impetus

    1. Front Matter
      Pages 107-107
  7. Money and Production in the Dynamics of the Growth Spiral – Growth Imperative and Growth Impetus

    1. Hans Christoph Binswanger
      Pages 109-113
    2. Hans Christoph Binswanger
      Pages 115-120
    3. Hans Christoph Binswanger
      Pages 129-145
    4. Hans Christoph Binswanger
      Pages 153-157
  8. Back Matter
    Pages 159-165

About this book

Introduction

This book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand; and the continuous inflow of energy and raw materials through the exploitation of natural resources, on the other. Both driving forces are generally neglected by the conventional theory. Understanding their role is absolutely essential for preventing our economy from being more and more exposed to financial and ecological crises. This book offers important insights about the functioning of the modern economy and addresses the specialist as well as the interested lay reader.

Keywords

Economic Growth History of Economic Thought Macroeconomics Money and Credit Sustainability

Authors and affiliations

  • Hans Christoph Binswanger
    • 1
  1. 1., Institute for EconomyUniversity of St.GallenSt. GallenSwitzerland

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-31881-8
  • Copyright Information Springer-Verlag Berlin Heidelberg 2013
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-31880-1
  • Online ISBN 978-3-642-31881-8
  • About this book