Political Economy of Money and Finance

Costas Lapavitsas; Makoto Itoh
Level: advanced
Publisher: Palgrave Macmillan
Perspective: Marxian Political Economy, Post-Keynesian Economics, Other
Topic: Capitalism, finance, macroeconomics, money & debt
page count: 319 pages

Blurb

To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance. It re-examines the classical foundations of political economy and the creator of money. It assesses all of the important theoretical schools since then, including Marxist, Keynesian, post-Keynesian and monetarist thinkers. By presenting important insights from Japanese political economy previously ignored in Anglo-Saxon economics, the authors make a significant contribution to radical political economy based on a thorough historical analysis of capitalism.

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