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Finance refers to all the means and instruments that enable economic agents to temporarily spend more than they earn. Households, companies, governments, and all organizations planning investments can thus finance the “advances” that their consumption and investment activities entail.

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Financial Markets: From Efficiency to Intrinsic Instability

  • 章节

  • 发表日期：

    2025年

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  • David Bourghelle

摘要

Finance refers to all the means and instruments that enable economic agents to temporarily spend more than they earn. Households, companies, governments, and all organizations planning investments can thus finance the “advances” that their consumption and investment activities entail.