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Functional finance : a comparison of the evolution of the positions of Hyman Minsky and Abba Lerner
Wray, L. Randall - 2018
This paper examines the views of Hyman Minsky and Abba Lerner on the functional finance approach to fiscal policy. It argues that the main principles of functional finance were relatively widely held in the immediate postwar period. However, with the rise of the Phillips curve, the return of the...
Persistent link: https://www.econbiz.de/10011794285
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Functional Finance : A Comparison of the Evolution of the Positions of Hyman Minsky and Abba Lerner
Wray, L. Randall - 2018
This paper examines the views of Hyman Minsky and Abba Lerner on the functional finance approach to fiscal policy. It argues that the main principles of functional finance were relatively widely held in the immediate postwar period. However, with the rise of the Phillips curve, the return of the...
Persistent link: https://www.econbiz.de/10012928278
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"Keynes after 75 Years: Rethinking Money as a Public Monopoly"
Wray, L. Randall - Levy Economics Institute - 2011
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … that view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. …
Persistent link: https://www.econbiz.de/10008868035
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"Minsky's Money Manager Capitalism and the Global Financial Crisis"
Wray, L. Randall - Levy Economics Institute - 2011
Hilferding, Thorstein Veblen, and John Maynard Keynes-and later by John Kenneth Galbraith. In an important sense, over the past …
Persistent link: https://www.econbiz.de/10008876436
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Minsky's money manager capitalism and the global financial crisis
Wray, L. Randall - 2011
Hilferding, Thorstein Veblen, and John Maynard Keynes - and later by John Kenneth Galbraith. In an important sense, over the past …
Persistent link: https://www.econbiz.de/10010281722
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Keynes after 75 years: Rethinking money as a public monopoly
Wray, L. Randall - 2011
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. …
Persistent link: https://www.econbiz.de/10010286499
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From the state theory of money to modern money theory: An alternative to economic orthodoxy
Wray, L. Randall - 2014
(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010513085
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"From the State Theory of Money to Modern Money Theory: An Alternative to Economic Orthodoxy"
Wray, L. Randall - Levy Economics Institute - 2014
(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010754647
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From the state theory of money to modern money theory : an alternative to economic orthodoxy
Wray, L. Randall - 2014
(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010252186
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Neglected Prophets: Paul Davidson: The Truest Keynesian?
Holt, Richard P.F.; J. Barkley Rosser, Jr.; Wray, L. Randall - In: Eastern Economic Journal 24 (1998) 4, pp. 495-506
Keynes. This article reviews his contributions to monetary theory, international economics, aggregate supply theory, and …
Persistent link: https://www.econbiz.de/10005418792