The Political Economy of Monetary Circuits: Tradition and Change in Post-Keynesian Economics

✍ Scribed by Sergio Rossi, Jean-francois Ponsot

• Publisher: Palgrave Macmillan
• Year: 2009
• Tongue: English
• Leaves: 258
• Category: Library

✦ Synopsis

This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.

✦ Table of Contents

Cover......Page 1
Contents......Page 6
List of Tables......Page 8
List of Figures......Page 9
Foreword......Page 10
Preface......Page 31
Notes on the Contributors......Page 32
1 Circuit Theory Supplementing Keynes’s Genuine Analysis of the Monetary Economy of Production......Page 36
2 Bridging the Gap between Monetary Circuit Theory and Post-Keynesian Monetary Theory......Page 56
3 Monetary Circuit Theory and Money Emissions......Page 71
4 The Existence of Profits within the Monetary Circuit: Some Unanswered Questions Revisited......Page 91
5 Saving, Firms’ Self-Financing, and Fixed-Capital Formation in the Monetary Circuit......Page 112
6 Finance and the Realization Problem in Rosa Luxemburg: a ‘Circuitist’ Reappraisal......Page 133
7 Money, Capital Turnover, and the Leisure Class: Thorstein Veblen’s Tips for a Monetary Theory of Production......Page 151
8 From Wicksell to Keynes? Some Thoughts on the Role of a Central Bank in the Tradition of Monetary Circuit Theory......Page 173
9 The Dynamics of the Monetary Circuit......Page 196
10 The Financialization of Modern Economies in Monetary Circuit Theory......Page 223
G......Page 252
R......Page 253
Z......Page 254
E......Page 255
M......Page 256
P......Page 257
W......Page 258