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Post-Keynesian Growth Theory
Post-Keynesian Growth Theory is a collection of 18 articles by Marc Lavoie, published between 1995 and 2020, with an extended foreword by Eckhard Hein. Marc Lavoie’s introduction recalls how he became attracted to the post-Keynesian theory of growth more than 45 years ago and explains how and why this book came about.
Post-Keynesian Monetary Theory
Post-Keynesian Monetary Theory recaps the views of Marc Lavoie on monetary theory, seen from a post-Keynesian perspective over a 35-year period. The book contains a collection of twenty previously published papers, as well as an introduction which explains how these papers came about and how they were received. All of the selected articles avoid mathematical formalism.
Money and Capital
This book renews the Marxian theory of the general equivalent by highlighting the contradiction between the social functions of money (unit of account, means of circulation) and its private functions (store of value, accumulation). It draws a clear distinction between the monetary base and the commodity base of money and thus avoids the confusion between money and credit on the one hand, and money and capital on the other, which are found in other heterodox monetary theories. It accounts for the new forms of monetary constraints weighing on the banking systems under and inconvertible fiat money standard, the class relationships underlying the interventions of monetary authorities and governm...
Gender Politics of Monetary Governance in Germany and the Eurozone
Gender Politics of Monetary Governance in Germany and the Eurozone provides a nuanced reading of how gender politics matter in monetary governance, contributing to a gendered critique of the political economy of Germany and the Eurozone and to efforts of ‘de-patriarchalising’ monetary and economic governance. While gender aspects of economic governance have increasingly been made visible in critical scholarship, less focus has been placed on the role of masculinities and monetary governance. This book shows that the intersection of gender politics and monetary governance plays a fundamental role in the making of the political economy. It argues that, materially, monetary governance ampli...
Money and Production
In this insightful volume, editors Louis-Philippe Rochon and Mario Seccareccia bring together key essays from the influential and highly-regarded journal, Monnaie et Production. Beginning with a new commentary, Rochon and Seccareccia provide a modern perspective, highlighting invaluable insights on both the content and the editor, Alain Parguez. Showcasing 15 classic articles on topics such as money, finance and policy, this book highlights the bridges built between American post-Keynesians and the European heterodox community. The selected essays examine the missing links that history has brought to light and pay tribute to this historic, ground-breaking journal on its 40th anniversary. Highlighting a seminal contribution to heterodox economics, but little known in the English-speaking world, this book provides a unique reference opportunity to view these important historical essays in one place. Scholars of economics interested in post-Keynesian theory and in this important episode in the history of economic thought will find this a vital resource.
The unity of the capitalist economy and state
In The unity of the capitalist economy and state, Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity. In its critique of contemporary economics, the book argues that in order to comprehend the capitalist system, one requires a full synthetic exposition of the economic and state institutions and processes necessary for its continued existence. A synthetic approach also reveals a range of components that are often obscured by partial analyses. In its systematic character, Reuten’s work takes inspiration from Marx’s provisional outline of the capitalist system in Capital, while also addressing fields that Marx left unfinished – such as the capitalist state.
Shaking the Invisible Hand
This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.
Credit, Money and Crises in Post-Keynesian Economics
In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.
