Money, Enterprise and Income Distribution - Towards a Macroeconomic Theory of Capitalism

Informationen zum Autor John Smithin is Professor of Economics in the Department of Economics and the Schulich School of Business, York University, Toronto, Canada Klappentext Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of the main building blocks of the complex structure of social relations of capitalism itself. Zusammenfassung Mainstream neoclassical economics tells us that money is essentially a commodity. This book takes the view that money is definitively a social relation between private persons or legal persons. Inhaltsverzeichnis 1. Money and alternative visions of capitalism, 2. Economics and politics, 3. Methodological issues in monetary research, 4. The role of money in the economy, 5. The determination of interest rates, 6. A theory of profit, 7. A theory of wages, 8. Effective demand, income distribution, and economic growth, 9. Endogenous money, monetary policy and inflation, 10. A complete macroeconomic model of output growth, inflation, and income distribution, 11. Notes on fiscal policy and the public finances, 12. Concluding remarks

Product details

• Authors: John Smithin, John (York University Smithin, John N. Smithin, Smithin John
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 15.04.2010
• EAN: 9780415197748
• ISBN: 978-0-415-19774-8
• No. of pages: 240
• Series: Routledge Frontiers of Political Economy; Routledge Frontiers of Politic; Routledge Frontiers of Political Economy
• Subject: Social sciences, law, business > Business > General, dictionaries