This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of … global financial crisis, which could be blamed on excessive financialization of the economy. -- Money ; Money of Account … ; State Money ; Chartalism ; Shadow Bank ; Hyman Minsky ; Securitization ; Robert Clower …

The success of alternative payment systems has led to discussion of various proposals to replace money with a new … technology-based system, though many lack a clear idea of what exactly is the "money" they seek to replace. We begin by … presenting the explanation of money's role in the economy embraced by most mainstream economists and policy analysts, based on …

the law. Democratizing money will therefore ensure equal opportunity to the ownership of property, and thus full … capital via the creation of money. If the divergence between capital and labor-between rich and poor-is explained by the … monopoly access of capitalists to finance, then reducing this divergence is crucially dependent on the democratization of money …

This paper relates Keynes's discussions of money, the state theory of money, financial markets, investors' expectations …

This paper explores the intellectual history of the state, or chartalist, approach to money, from the early developers … modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money … form of a generalized, social, legal unit of account - a money - used for measuring the obligation. This approach does not …

This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels … metallist theories of money. It will be shown that the origins and the evolution of money were closely intertwined with the rise … and consolidation of class society and inequality. Money, class society, and inequality came into being simultaneously, so …

In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in … which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …

money and finance should not matter much, the alternative tradition - from Veblen and Keynes to Galbraith and Minsky … - provides the basis for developing an approach that puts money and finance front and center. Including the theory of social … ; Galbraith ; Veblen ; Coase ; Theory of Social Costs ; Efficient Markets Hypothesis ; Money; Finance ; Social Efficiency ; Social …

principles of post-Keynesian endogenous money theory. This paper argues that the most important critical component of post …