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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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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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Money in finance
Wray, L. Randall - 2011
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 role of government as both regulator of private...
Persistent link: https://www.econbiz.de/10008906555
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Money in Finance
Wray, L. Randall - 2011
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 role of government as both regulator of private...
Persistent link: https://www.econbiz.de/10013128521
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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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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/10013057281
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Is there room for bulls, bears, and states in the circuit?
Wray, L. Randall - 2011
John Maynard Keynes's liquidity preference theory, Kregel argued that such rejection leaves the relation between money and …. -- Circuit Approach ; Liquidity Preference ; Banks as Ephor of Capitalism ; J. M. Keynes ; J. A. Schumpeter ; A. Parguez ; J. A …
Persistent link: https://www.econbiz.de/10009523597
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Keyne's Approach to Money : An Assessment after 70 Years
Wray, L. Randall - 2006
This paper first examines two approaches to money adopted by Keynes in the General Theory (GT). The first is the more …. Indeed, even Post Keynesians utilizing Keynes's "finance motive" or the "horizontal" money supply curve adopt similar … methodology. The second approach of the GT is presented in Chapter 17, where Keynes drops "money supply and demand" in favor of a …
Persistent link: https://www.econbiz.de/10014059769