ABSTRACT

 This book sheds light on some of the most recent developments in monetary analysis which offer a theoretical framework for a renewed monetary approach and related policy extensions. It points to recent research on what a consistent and broad-scope monetary theory could be based in the twenty-first century. It highlights new interpretations of monetary theory as put forth by some leading economists since the eighteenth century and new developments in the analysis of current monetary issues.

chapter |16 pages

Introduction: renewal of monetary analysis

Raising the stakes?

part I|24 pages

Marchands, salariat et capitalistes of Carlo Benetti and Jean Cartelier

part II|92 pages

Money in the history of economic thought

chapter 4|17 pages

Processes of monetary exchange

Some historic contributions to the disappearance of money

chapter 5|8 pages

Unit of account and means of payment

From Benetti and Cartelier to David Ricardo

chapter 7|12 pages

Economics without equilibrium

chapter 8|19 pages

A history of the evolution of the Hahn process

The role of the introduction of a means of exchange

chapter 9|11 pages

Monetary production economy versus real exchange economy

An appraisal of Keynes's contribution to the analysis of the actual monetary economy

part III|121 pages

The basis for monetary analysis

chapter 11|17 pages

Beyond modern academic theory of money

From “fiat money” to “payment system”

chapter 12|16 pages

Coordination in economy

An essay on money

chapter 13|17 pages

Money, banks, and payments

The structural factors of financial instability and systemic crises

chapter 15|18 pages

Fairness, financial rents, and conflict

Wage-earning in a post keynesian institutionalist approach and its macroeconomic implications

chapter 16|15 pages

Money in the socialist economy