MOMENTAN AUSVERKAUFT
Über dieses Produkt
Product Identifiers
PublisherElgar Publishing, Incorporated, Edward
ISBN-101858988950
ISBN-139781858988955
eBay Product ID (ePID)1638854
Product Key Features
Number of Pages352 Pages
LanguageEnglish
Publication NameCredit, Money and Production : an Alternative Post-Keynesian Approach
Publication Year1999
SubjectFinance / General, Economics / Theory, Money & Monetary Policy
TypeTextbook
AuthorLouis-Philippe Rochon, Stephen B. Monroe
Subject AreaBusiness & Economics
FormatHardcover
Dimensions
Item Height1.1 in
Item Weight23.2 Oz
Item Length9.4 in
Item Width6.6 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN99-027516
Dewey Edition21
Reviews'Louis-Philippe Rochon has filled a void in the literature on the revival of endogenous money. This book deserves a place on economists' bookshelves. . . Rochon makes a thoughtful case for a "revolutionary" theory of endogenous money. . . . Rochon presents a coherent and comprehensive evaluation of the literature on endogenous money. His case for a new heterodox monetary theory comprising horizontalism and the circuitist approach is persuasive and should generate further constructive debate. . . . His argument sets the stage for further debates that may lead toward a better heterodox theory of a monetized production economy.'
IllustratedYes
Dewey Decimal332.4
Table Of ContentContents: Preface Introduction 1. The Franco-Italian Circuitists: Credit, Money and Production 2. Credit, Money and Post-Keynesian Theory: Clarifications of Familiar Themes 3. The Early Views of "Endogenous" Money: Minsky, Kaldor and Tobin 4. The Early Views of "Endogenous" Money Revisited: Davidson and Rousseas versus Robinson and Kahn 5. Horizontalists and Structuralists: Credit and Endogenous "Money" 6. Post-Keynesians and Orthodoxy: "Neo" Post-Keynesians? 7. New Keynesian Monetary Theory and the Transmission Mechanism: A Comparison with Post-Keynesian Theory 8. A Post-Keynesian/Circuitist Theory of Banks: Uncertainty, Creditworthiness, and the Supply of Credit Bibliography Index
SynopsisThis thought-provoking book clearly and systematically analyses the post-Keynesian approaches to endogenous money and, in doing so, provides an informed critique of the development of post-Keynesian economics., This thought-provoking book clearly and systematically analyses the post-Keynesian approaches to endogenous money and, in doing so, provides an informed critique of the development of post-Keynesian economics. Using a horizontalist perspective the author offers an historical overview of the post-Keynesian and circuit approaches to endogenous money, starting with a comprehensive survey of the Franco-Italian circuit school. He argues that rather than emphasizing the early writings of Minsky, Kaldor and Tobin in the 1950s and of Davidson and Rousseas later, post-Keynesians ought to have followed the writings of Joan Robinson and Richard Kahn who offered far better theories of credit-money. The author then compares the current post-Keynesian structuralist theory with New Keynesian monetary thought. In conclusion, he develops an innovative theory of banking based on Keynesian uncertainty and consistent with the horizontalist tradition taking into account credit restraints, crunches and creditworthiness. This book will be illuminating to scholars of post-Keynesian economics, macroeconomics, and history of economic thought., A presentation of the elements which comprise a theory of endogenous credit-money. In particular, this text aims to show the similarities and dissimilarities with the ideas espoused by New Keynesian economists. It offers a systematic analysis of the post-Keynesian approaches to endogenous money.
LC Classification NumberHG221.R637 1999
