John Maynard Keynes’s liquidity preference theory, Kregel argued that such rejection leaves the relation between money and … requires an extension of the circuit theory of money, along the lines of the credit and state money approaches of modern …

In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work — at the time … wrote in 1987 on “securitization”), he consistently held an endogenous money view. I'll refer briefly to that published work … appears to be much deeper than that displayed three or four decades later by much of the post-Keynesian endogenous-money …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …