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 …

This paper advances three fundamental propositions regarding money: (1) As R. W. Clower (1965) famously put it, money … buys goods and goods buy money, but goods do not buy goods. (2) Money is always debt; it cannot be a commodity from the … possible. These three propositions are used to build a theory of money that is linked to common themes in the heterodox …

twentieth century on the nature of money. Only recently rediscovered, these articles are reprinted and analyzed here for the …Introduction / L. Randall Wray and Stephanie Bell -- What is money? / A. Mitchell Innes -- The credit theory of money … / A. Mitchell Innes -- The social origins of money : the case of Egypt / John F. Henry -- The archaeology of money : debt …

This paper argues that the usual framing of discussions of money, monetary policy, and fiscal policy plays into the … generally. To put it the way that economists usually do, money "lubricates" the market mechanism - a good thing, because the … chance. The paper advances an alternative framing for money and shows how it can be used to reshape discussion. The paper …

12 and 17 of the General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in … ; New Classical ; New Monetary Consensus ; Monetary Theory of Production ; Effective Demand ; Special Properties of Money …