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. |
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... theoretical framework . Much less straightforward is their meaning in reality . Any discussion in this second context must itself be theory - laden , in that our perceptions of reality are ordered implicitly by a general theoretical ...
... theoretical framework employed . Orthodox theory is built on the presumption of private sector stability . The theoretical framework is one of general equilibrium , although different branches of the orthodoxy vary in the degree to ...
... theoretical framework , it is an easy step to identify it as a cause of disturbance of the economy from its Pareto - efficient equilibrium . The inevitable policy conclusion is that the money supply should be controlled in such a way ...
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