Left- and Right-Endogenous Money PDF Download

Author: M. June Flanders
Publisher: London : Department of Economics, University of Western Ontario
ISBN:
Category : Business & Economics
Languages : en
Pages : 34

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Author: P. Arestis
Publisher: Springer
ISBN: 023062734X
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems relating to this new monetary and macroeconomic policy.

Author: Mark Setterfield
Publisher: Edward Elgar Publishing
ISBN: 1847203116
Category : Business & Economics
Languages : en
Pages : 437

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Book Description
That the chapters in the volume cover such a wide range of important, often fundamental, topics is a proper tribute to Basil Moore s influence and contributions over his working life. From the foreword by G.C. Harcourt, Jesus College, Cambridge, UK During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the horizontalist analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore s interests in and contributions to monetary and macroeconomic theory. Complexity, Endogenous Money and Macroeconomic Theory features original essays by internationally acclaimed and expert authors. It comprises a selection of papers on five distinct but interrelated themes: economic concepts, tools and methodology; complexity, uncertainty and path dependence; the macroeconomics of endogenous money; the macroeconomics of exogenous interest rates; and unemployment, inflation and the determination of aggregate income. These papers combine to provide a comprehensive methodological and theoretical discussion of the macroeconomics of a monetary production economy. The book will be of interest to professionals and research students in the fields of macroeconomics and monetary economics especially those with an interest in the Post Keynesian approach to analyzing these fields, including the wide audience that has been reached by the contributions of Basil Moore himself.

Author: John N. Smithin
Publisher: Edward Elgar Publishing
ISBN: 9781781957998
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
'John Smithin's erudite and eloquent Controversies in Monetary Economics (now in a revised second edition) reminds us that a cashless economy is by no means a moneyless economy. Drawing on Keynes's concept of monetary production and on the later work of Sir John Hicks, Smithin argues persuasively for the continuing central importance of money in understanding interest rate determination and economic fluctuations. This insightful book illuminates the role of monetary policy, notably within the European Monetary Union.' - Robert W. Dimand, Brock University, Canada 'This book provides an excellent overview of the controversies that have driven debate about monetary theory and policy over the last two centuries. I highly recommend the book for use in advanced undergraduate or graduate courses. This new edition revises and updates some of the arguments, with some additional treatment of orthodoxy so that it can serve as a stand-alone text in monetary theory courses.' - L. Randall Wray, University of Missouri, US 'John Smithin is one of the deepest thinkers writing today about monetary matters in modern economics. Not only has he a thorough and full knowledge of past contributions, he is also an original thinker in his own right. The processes he depicts at work in modern economies are immediately recognisable and make good sense. He allies his theoretical understanding with advocacy of wise and humane policies. In John Smithin's writings the spirits of Keynes and Hicks live on, with also, dare I say it, the insights of Marx about the relationship between the real and the monetary in capitalism. Any student brought up on Smithin's clear and lucid accounts of controversies in monetary economics will have a firm grounding on which to base their understanding of the world around them.' - G.C. Harcourt, Jesus College, Cambridge, UK This influential volume, which has been revised and updated for the twenty-first century, includes both new material and more detailed expositions of existing arguments. Although so-called 'real' theories of business cycles and growth are prevalent in contemporary mainstream economics, Controversies in Monetary Economics suggests that those economists who have instinctively focused on monetary factors in explaining macroeconomic behaviour are more genuinely 'realistic'. The author combines an explanation of past and present monetary controversy with practical proposals for the conduct of monetary policy in the contemporary global economy. Several alternative approaches are discussed, ranging from the traditional quantity theory to post Keynesian theories of endogenous money. This insightful book will be of interest to all those concerned with monetary economics and macroeconomics, including academic researchers, graduate and senior undergraduate students - particularly those looking for an alternative to current economic orthodoxy - and historians of economic thought. Practitioners in central banks, international financial institutions, the financial markets and finance ministries will also find this work invaluable.

Author: Dr. Chaturvedi
Publisher: Kitab Mahal
ISBN: 8122506356
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
This book has been designed strictly according to the latest syllabus of B.com Hons. Sem. III and B.A Programe and Hons. V, VI University of Delhi and other universities (Generic as well as Core.)

Author: G. Harcourt
Publisher: Springer
ISBN: 0230582141
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
Joan Robinson is widely considered to be amongst the greatest economists of the 20th Century. This book provides a comprehensive study of her life and work, examining her role in the making of The General Theory, her critical interest in Marxian economics, her contributions to Labour Party policy and her writings on development, especially China.

Author: John Bryan Davis
Publisher: Edward Elgar Publishing
ISBN: 1845423496
Category : Business & Economics
Languages : en
Pages : 537

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Book Description
. . . there are many first-rate contributions here. Those contributions make this collection valuable especially to readers who are already knowledgeable about the various areas in which the interests of philosophers and economists overlap. Daniel M. Hausman, Journal of Economic Methodology The Elgar Companion To Economics and Philosophy is a very good read. Every library should buy it now. John King, History of Economics Review The volume collects articles surveying developments in such related fields as economic methodology, ethics, epistemology, and social ontology. Many of the articles are forward-looking, and as such constitute substantive and original (and at times provocative) contributions to the literature. The volume as a whole is a success; the editors are to be congratulated for their efforts. Bruce J. Caldwell, University of North Carolina, Greensboro, US This Companion is called economics and philosophy but actually it is about the philosophy of economics and all the great questions in the subject are here. The weather in the philosophy of economics has been stormy lately and the climate continues to this day to be unsettled. Will the storms soon settle down to give way to calmer days? Read this excellent collection of informative papers in the field to stimulate your own answer to that question. Mark Blaug, University of London and University of Buckingham, UK The Elgar Companion to Economics and Philosophy aims to demonstrate exactly how these two important areas have always been linked, and to illustrate the key areas of overlap. The Companion is divided into distinct parts, each of which highlights a leading area of scholarly concern: political economy conceived as social philosophy; the methodology and epistemology of economics; and social ontology and the ontology of economics. The contributors are well-known and distinguished authors from a variety of disciplines, who have been invited both to survey and to provide a personal assessment of current and prospective future states of their respective areas of philosophical interest. Academics and students who have an interest in economics and philosophy, political philosophy and the history of ideas will find this book of great appeal, as will researchers working in the field and readers interested in the nature of the discipline of economics.

Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 1783472243
Category : Endogenous growth
Languages : en
Pages : 464

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Book Description
The endogenous nature of money is a fact that has been recognized rather late in monetary economics. Today, it is explained most comprehensively by the theory of money in post-Keynesian monetary theory. The expert contributors to this enlightening book revisit long-standing debates on the endogeneity of money from the position of both horizontalists and structuralists, and prescribe new areas of research and debate for post-Keynesian scholars to explore.

Author: Oliver Sauter
Publisher: Springer Science & Business Media
ISBN: 365804974X
Category : Political Science
Languages : en
Pages : 221

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Book Description
Oliver Sauter analyzes three aspects of monetary policy under uncertainty. First he shows that the terms risk and uncertainty are often wrongly used as synonyms despite their different meanings. The second aspect is the proper examination and incorporation of uncertainty into a monetary policy framework. The author undertakes systematization with a closer look at each identified form of uncertainty. Thirdly, he focuses on the quantification of uncertainty from two different perspectives, either from a market perspective or from a central bank perspective.

Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 9781781959596
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Rochon (economics and banking, Kalamazoo College) uses a horizontalist perspective to offer a historical overview of the post-Keynesian and circuit approaches to endogenous money, and provides an informed critique of the development of post-Keynesian economics. 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 better theories of credit-money.