that of a policy-induced increase (decrease) in the money supply. In the General Theory, this second line of argument lost … much of its force as it became reformulated under the rubric of Keynes liquidity preference theory of interest. Assuming … objective of this paper is to go back to this old theme from the Treatise and underscore its importance for Keynesian theory of …

This paper builds on a synthesis of endogenous money and liquidity preference theory to address the mechanisms by which …

money and finance in the theory of income and expenditure are critically examined. The Sraffian dichotomic interpretation of … from the analysis: the illegitimacy of Marx’s asymmetrical treatment of constant and variable capital in the theory of … this perspective the traditional approaches to monetary theory and policy are indicated. …