Market Phenomena Catallactics Misapplication: It’s Crucial Role in Africa’s Underdeveloped Economy

Senzu, Emmanuel Tweneboah (2016): Market Phenomena Catallactics Misapplication: It’s Crucial Role in Africa’s Underdeveloped Economy.

Abstract

The study and purpose of this paper is to correct the error which emerged from the careless use of imaginary construction on the direct and indirect exchange of the market, by the Central Banks of Africa to dispense their monetary policy. This results in fallacious economic predictions to the future of the market. The latter result is the frustration of the employment of capital and labour for the development of the economy of Africa.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic Calculation, Economic Value, Catallactics, Monetary Policy
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity

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