Edited by Louis-Philippe Rochon and Hassan Bougrine
In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.
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- Credit, Money and Crises in Post-Keynesian Economics
- Introduction: the importance of credit and money in understanding crises
- Chapter 1: Celebrating pioneers
- Chapter 2: Understanding credit-money: Lavoie and Seccareccia’s contribution to monetary theory
- Chapter 3: Money, state and growth of welfare: fighting the dangerous transformation of capitalism
- Chapter 4: Two easy pieces
- Chapter 5: The role of stabilisation policies in the New Consensus Macroeconomics (NCM): modern lessons from John Kenneth Galbraith
- Chapter 6: The macroeconomic dimension of money
- Chapter 7: The theory of money, interest and unemployment
- Chapter 8: International money: where do we stand?
- Chapter 9: Endogenous money, liquidity preference and confidence: for a qualitativetheory of money
- Chapter 10: High finance, political money and the US Congress: a quantitative assessment of the campaign to roll back Dodd–Frank
- Chapter 11: International rentiers, finance and income distribution: a Latin American and post-Keynesian perspective
- Chapter 12: Is macro in crisis?
- Chapter 13: Stagnation and crisis: understanding credit flows in Latin America from a circuitist perspective
- Chapter 14: Secular stagnation and the curse of contemporary Eldorados: whatever happened to broad-impact products?
- Chapter 15: Seccareccia and Lavoie on financial crises. Linking the real and financial sectors of the economy: the major contribution of post-Keynesians
- Chapter 16: On the changing nature and geography of crises: lessons for a sustainable internationalization
- Chapter 17: Banking and financial crises
- Full bibliography of Marc Lavoie and Mario Seccareccia
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