G. S. Edwards (business)

G. S. Edwards was an influential economist known for developing Post-Keynesian monetary theory, focusing on how money and finance influence the economy. He emphasized the importance of credit creation by banks, the role of income and saving in economic growth, and the idea that money supply is endogenously determined within the economy rather than externally controlled by central banks. Edwards argued that financial institutions and their lending activities fundamentally shape business cycles and economic stability. His work helps explain the complexities of monetary policy, banking behavior, and economic fluctuations from a realistic, practically grounded perspective.