operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do … money. In this context, they highlight the relevance of Abba Lerner's famous dictum, 'money is a creature of the State'. The …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …

pt. 1. Heterodox economic theory and money in macroeconomics -- pt. 2. Distribution and aggregate demand -- pt. 3 …Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and …: the development of heterodox theory, the role of money in macroeconomics, the relationship between distribution and …

macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the … economics, and is renowned as the progenitor of the "horizontalist" analysis of endogenous money. More recently, he has embraced …

Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this … and financial services, as well as related governance mechanisms, influence economic performance. In this manner, Money …Modeling -- Foundation -- A model economy -- What is money? -- Money and the level of economic well-being -- Money in a …

. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding … collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the …

relationship. A number of controversial issues regarding the demand for money are empirically investigated and the functioning of a … several issues relating to both current and future developments of monetary institutions: the optimum quantity of money, the … of the economy must be set. Money and Monetary Systems will be of great interest and value to economists specialising in …

Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians … associated with the study of money, financial markets and financial instability. Indeed, this is perhaps the area to which Post …. Saving, asset-price inflation, and debt-induced deflation / Michael Hudson -- 7. Unit roots in macroeconomic time series and …

paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and …1. Introduction -- 2. Inflation and monetary regimes -- 3. Inflation under metallic monetary regimes -- 4. Moderate …

countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels …. It goes on to illustrate that the explicit control of the money supply, which was fashionable in the 1970s and 1980s in … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets …

his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …