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General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in the case of fooling …
Persistent link: https://www.econbiz.de/10010281727
literature on money. The approach taken here is integrated with Hyman Minsky's (1986) work (which relies heavily on the work of …'s approach, which relies on accounting identities; the K distribution theory of Keynes, Michal Kalecki, Nicholas Kaldor, and …
Persistent link: https://www.econbiz.de/10010286493
literature on money. The approach taken here is integrated with Hyman Minsky’s (1986) work (which relies heavily on the work of …’s approach, which relies on accounting identities; the “K” distribution theory of Keynes, Michal Kalecki, Nicholas Kaldor, and …
Persistent link: https://www.econbiz.de/10008777085
and 17 of the General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in the …
Persistent link: https://www.econbiz.de/10008854456
This paper examines the views of Hyman Minsky and Abba Lerner on the functional finance approach to fiscal policy. It … compares and contrasts the evolution of the views of Minsky and Lerner over the postwar period, arguing that Lerner …. Minsky's views of functional finance became more nuanced, in line with his Institutionalist approach to the economy. However …
Persistent link: https://www.econbiz.de/10012928278
This paper examines the views of Hyman Minsky and Abba Lerner on the functional finance approach to fiscal policy. It … compares and contrasts the evolution of the views of Minsky and Lerner over the postwar period, arguing that Lerner …. Minsky's views of functional finance became more nuanced, in line with his Institutionalist approach to the economy. However …
Persistent link: https://www.econbiz.de/10011794285
modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money …
Persistent link: https://www.econbiz.de/10010513085
modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money …
Persistent link: https://www.econbiz.de/10010252186
modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money …
Persistent link: https://www.econbiz.de/10010754647
Euroland is in a crisis that is slowly but surely spreading from one periphery country to another; it will eventually reach the center. The blame is mostly heaped upon supposedly profligate consumption by Mediterraneans. But that surely cannot apply to Ireland and Iceland. In both cases, these...
Persistent link: https://www.econbiz.de/10010333043