Author

Publication

2008-01-08 - Palgrave Macmillan

Language

English

Word Count

56,000 words, Guess

Page Count

224 pages

Physical Format

Hardcover

Identifiers

  • ISBN-100230521576
  • ISBN-139780230521575
  • Goodreads3071101
  • Library of Congress Control Number2007022294
  • OCLC Control Number137331486
and 2 more
  • Better World Books9780230521575
  • Open LibraryOL10194441M

Classifications

  • LCCHB1-846.8HB172.5
  • LCCHG230.3 .H443 2008

Description

"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 consistent way. In particular, Kaleckian distribution and growth models turn out to be an adequate basis to start from, because these models already include major features of modern credit money economies: the long-run independence of investment from saving, the latent underutilization of productive capacities also in the long run, and the conflict over the distribution of income. The integration of endogenous money and credit, as well as an exogenous monetary interest rate mainly determined by central bank policies into demand-driven distribution and growth models also contributes to a Post-Keynesian alternative to New Consensus macroeconomics."--Jacket.

Subjects

Other Editions

  • Money, Distribution Conflict and Capital AccumulationHardcoverPalgrave Macmillan2008-01-08

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