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
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... orthodox ' is being used here to refer to mainstream economics in its neo - classical synthesis , pure general ... orthodox method itself . Yet , because the Post Keynesian critique ( or at least that part which draws the attention of ...
... orthodox methodology . In this way the orthodoxy is perpetuated , giving the illusion of dealing with alternative theories . The orthodoxy's mode of thought derives support from the long - standing Cartesian - Euclidean tradition in ...
... orthodox model . In fact these concepts mean something totally different , depending on whether they are employed in the Post Keynesian or orthodox frameworks . We then explored the fundamental difference in mode of thought between the ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
The different methodological bases of Post Keynesian | 11 |
List of Figures and Tables | 17 |
Copyright | |
18 other sections not shown