Money and the Economic ProcessIn this important new book, Sheila Dow argues that money is integral to the economic process and that some common principles may be applied when analysing money's role at the regional, national and international levels. The importance of considering the spatial aspects of money's role has been highlighted by recent developments in Europe and elsewhere. Using a post Keynesian perspective, the first five chapters put forward a methodological and theoretical framework for a theory of money which combines endogenous credit creation and liquidity preference. The next five chapters analyse money's role in the economic process as it affects regional economies. The final two chapters adapt the theory in order to analyse finance and development in the international context, and as a basis for discussing possible international institutional reforms. Money and the Economic Process features some of Sheila Dow's most acclaimed articles and papers in this area, as well as including some new work which reveals the recent development of her thought. |
From inside the book
Results 1-3 of 43
... approach to economics . From a practical point of view it requires a large commitment of energy to keep abreast even of one approach . But , more important , theories are ideologically based , ' and it is difficult to sustain more than ...
... approach requires that a problem be addressed from a variety of angles . Bringing to bear historical , political ... approach , enhanced by intuition , guides the reasoning process . 17 This type of approach precludes the type of ...
... approach emerged until Davidson ( 1982 ) , ' so that some form of global monetarism has become embedded in the neo - classical synthesis . While Keynesians in what Coddington ( 1976 ) calls the ' hydraulic Keynesian ' tradition have de ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
Money Supply Endogeneity | 21 |
The meaning of endogeneity within a theoretical | 27 |
Copyright | |
11 other sections not shown