John Smithin

Money, Enterprise and Income Distribution (eBook, ePUB)

Towards a macroeconomic theory of capitalism

• Format: ePub

Produktbeschreibung

Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 240
• Erscheinungstermin: 17. Juli 2008
• Englisch
• ISBN-13: 9781134641864
• Artikelnr.: 38252326

Autorenporträt

John Smithin is Professor of Economics in the Department of Economics and the Schulich School of Business, York University, Toronto, Canada

Inhaltsangabe

1. Money and alternative visions of capitalism
2. Economics and politics
3. Methodological issues in monetary research
4. The role of money in the economy
5. The determination of interest rates
6. A theory of profit
7. A theory of wages
8. Effective demand
income distribution
and economic growth
9. Endogenous money
monetary policy and inflation
10. A complete macroeconomic model of output growth
inflation
and income distribution
11. Notes on fiscal policy and the public finances
12. Concluding remarks