In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in … which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production …. I then focus in more detail on two main categories: the orthodox approach that views money as an efficiency …

leave out the parallel developments in finance theory - with its efficient markets hypothesis - and in approaches to … 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 …

revised view of money and sovereign finance. The paper concludes with an analysis of the policy options available to a modern …This paper explores the intellectual history of the state, or chartalist, approach to money, from the early developers … modern exponents Hyman Minsky, Charles Goodhart, and Geoffrey Ingham. This literature became the foundation for Modern Money …