Credit, Money, and Production: An Alternative Post-Keynesian Approach

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Edward Elgar Publishing, Nov 25, 1999 - Business & Economics - 341 pages
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 econ

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Contents

The FrancoItalian Circuitists Credit Money and Production
8
Credit Money and PostKeynesian Theory Clarifications of Familiar Themes
42
The Early Views of Endogenous Money Minsky Kaldor and Tobin
82
The Early Views of Endogenous Money Revisited Davidson and Rousseas versus Robinson and Kahn
132
Horizontalists and Structuralists Credit and Endogenous Money
155
PostKeynesians and Orthodoxy Neo PostKeynesians?
202
New Keynesian Monetary Theory and the Transmission Mechanism A Comparison with PostKeynesian Theory
232
A PostKeynesianCircuitist Theory of Banks Uncertainty Creditworthiness and the Supply of Credit
278
Bibliography
301
Index
331
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