Post Keynesian Monetary Economics - Softcover

Rousseas, Stephen

 
9780333721247: Post Keynesian Monetary Economics

Synopsis

A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or money.

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About the Author

STEPHEN ROUSSEAS is the Dexter M. Ferry Jr Emeritus Professor of Economics at Vassar College. He has taught at Columbia University, the University of Michigan, Yale University, Cornell University, and New York University. Professor Rousseas is the author of The Death of Democracy: Greece and the American Conscience, Monetary Theory, Capitalism and Catastrophe: A Critical Appraisal of the Limits of Capitalism, The Political Economy of Reaganomics: A Critique, and numerous articles and reviews.

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Other Popular Editions of the Same Title

9780333721230: Post Keynesian Monetary Economics

Featured Edition

ISBN 10:  0333721233 ISBN 13:  9780333721230
Publisher: Palgrave Macmillan, 1998
Hardcover