A Handbook of Alternative Monetary Economics (Elgar Original Reference) - Softcover

Softcover

ISBN 10: 1848441193 ISBN 13: 9781848441194

Publisher: Edward Elgar Publishing Ltd, 2008

Synopsis

This major Handbook consists of 29 contributions that explore the full range of exciting and interesting work on money and finance currently taking place within heterodox economics. There are many themes and facets of alternative monetary and financial economics but two major ones can be identified. The first concerns the nature of money: money is credit created through the financial system in the process of loan creation. The second theme is that money is endogenous and not exogenous. Contributions to the Handbook cover the origins and nature of money, detailed analyses of endogenous money, surveys of empirical work on endogenous money and the nature of monetary policy when money is endogenous. The second theme focuses on the financial system, and the perception that it is generally subject to volatility, instability and crisis. This Handbook will undoubtedly serve as the ultimate guide to the full spectrum of alternative monetary economics. Philip Arestis and Malcolm Sawyer have performed an invaluable task in compiling a comprehensive Handbook, written by leading specialists, that will be required reading by upper level undergraduate and postgraduate students studying money, finance and macroeconomics as well as heterodox and monetary economists more generally.

About this title

Review:

This book is an important contribution to monetary theory. . . The spectrum of varying interpretations offered in this book is much wider than that found in all of mainstream monetary theory. Most of the 29 contributions in this work represent a substantial change to conventional monetary theory. . . the material is very valuable. Highly recommended. Comprehensive upper-division collections and all graduate research collections. --M. Perelman, Choice

About the Author:

Edited by Philip Arestis, University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow, Wolfson College, UK and Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds, UK

About this edition

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2008
• ISBN 10: 1848441193
• ISBN 13: 9781848441194
• Binding: Paperback
• Number of pages: 544
• Editor: Arestis Philip, Sawyer Malcolm