The Scourge of Monetarism

The Scourge of Monetarism
Author: Nicholas Kaldor
Publisher: Oxford ; New York : Oxford University Press
Total Pages: 148
Release: 1985
Genre: Business & Economics
ISBN: 9780198772484

Now thoroughly revised and updated, this edition also includes a new introduction which places Britain's experience of monetarism into a world context.

Post Keynesian Monetary Economics

Post Keynesian Monetary Economics
Author: Stephen Rousseas
Publisher: Springer
Total Pages: 177
Release: 1998-05-06
Genre: Business & Economics
ISBN: 1349264563

A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or money.

Advances in Endogenous Money Analysis

Advances in Endogenous Money Analysis
Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
Total Pages: 465
Release: 2017-10-27
Genre: Business & Economics
ISBN: 1783472243

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.

Credit, Money, and Production

Credit, Money, and Production
Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
Total Pages: 360
Release: 1999-11-25
Genre: Business & Economics
ISBN: 9781781959596

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.

Money and Macro Policy

Money and Macro Policy
Author: Marc Jarsulic
Publisher: Springer Science & Business Media
Total Pages: 198
Release: 2013-04-17
Genre: Business & Economics
ISBN: 9401577153

Money and the Economy

Money and the Economy
Author: Karl Brunner
Publisher: Cambridge University Press
Total Pages: 414
Release: 1997-07-24
Genre: Business & Economics
ISBN: 9780521599740

This volume offers a unique perspective on a key issue of monetary economics: the effect of money on output. Karl Brunner and Allan Meltzer address the theoretical aspects of this issue with the purpose of understanding their policy implications. They offer an historical and at times provocative overview on the relationship between money and output, and go on to present their well-known model of a monetary economy, before examining the real sector. Throughout the volume, their views are confronted with competing explanations in order to highlight differences. The monetarist flavour of the volume emerges most clearly in frequent arguments pointing to the relative stability of the private sector.

Money, Inflation and Unemployment

Money, Inflation and Unemployment
Author: David Gowland
Publisher: Palgrave Macmillan
Total Pages: 364
Release: 1992-01-12
Genre: Business & Economics
ISBN: 9780312071998

This book focuses on the theoretical debate concerning the role of money and financial factors determining real economic activity.

Monetary Economics

Monetary Economics
Author: W. Godley
Publisher: Springer
Total Pages: 574
Release: 2006-12-01
Genre: Business & Economics
ISBN: 0230626548

This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time.

Money, Distribution Conflict and Capital Accumulation

Money, Distribution Conflict and Capital Accumulation
Author: E. Hein
Publisher: Springer
Total Pages: 223
Release: 2007-12-19
Genre: Business & Economics
ISBN: 023059560X

This book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way.

Monetary Policy and Crude Oil

Monetary Policy and Crude Oil
Author: Basil Oberholzer
Publisher: Edward Elgar Publishing
Total Pages: 389
Release: 2017-07-28
Genre: Business & Economics
ISBN: 1786437899

The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability.