Lucarelli, Bill; Chester, Lynne; Johnson, Michael; … - University of Western Sydney; University of Western Sydney; … - 2007
theories of endogenous money and credit-creation. It will be argued that Marx's original commodity theory of money is quite … evolved historically. The more modern forms of inconvertible paper money, credit, and bank money have evolved as specific …The essential aim is to reconstruct the original Marx's original theory of money in order to assimilate more recent …