Post Keynesian Monetary Economics

  • Stephen Rousseas

Table of contents

  1. Front Matter
    Pages i-xv
  2. Stephen Rousseas
    Pages 1-15
  3. Stephen Rousseas
    Pages 17-36
  4. Stephen Rousseas
    Pages 37-73
  5. Stephen Rousseas
    Pages 75-90
  6. Stephen Rousseas
    Pages 91-116
  7. Back Matter
    Pages 145-168

About this book

Introduction

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.

Keywords

economics employment Inflation John Maynard Keynes Keynes monetarism monetary economics monetary policy monetary theory money

Authors and affiliations

  • Stephen Rousseas
    • 1
  1. 1.Vassar CollegeNew YorkUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-349-26456-8
  • Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 1998
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Palgrave Economics & Finance Collection
  • Print ISBN 978-0-333-72124-7
  • Online ISBN 978-1-349-26456-8
  • About this book