derivation of an equation similar in format to that of Cobb Douglas production function, but with an equilibrium constant and a … cycle efficiency, growth and entropy gain. A thermodynamic model of a money system is set out, and an attempt is made to … relate interest rates, the rate of return, money demand and the velocity of circulation to entropy gain. Aspects concerning …

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

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

can deny in the aftermath of the economy's collapse. While orthodox approaches lead to the conclusion that money and … basis for developing an approach that puts money and finance front and center. Including the theory of social costs also …

The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium … trading at false prices, a phenomenon ruled out by assumption in dynamic general equilibrium models. Not only Keynes …

The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium … trading at "false" prices, a phenomenon ruled out by assumption in dynamic general equilibrium models. Not only Keynes …

The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium … trading at "false" prices, a phenomenon ruled out by assumption in dynamic general equilibrium models. Not only Keynes …