by the observation that the money at the core of these systems, central bank money, is injected into the economy on terms …, not defined in a market, but by the collateral frameworks and interest rate policies of central banks. Using the …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of … financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The …

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 …

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 …

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 costs …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of … financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The …