Credit, Money, and Production

Credit, Money, and Production

  • Louis-Philippe Rochon
Publisher:Edward Elgar PublishingISBN 13: 9781781959596ISBN 10: 1781959595

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Credit, Money, and Production is written by Louis-Philippe Rochon and published by Edward Elgar Publishing. It's available with International Standard Book Number or ISBN identification 1781959595 (ISBN 10) and 9781781959596 (ISBN 13).

Rochon (economics and banking, Kalamazoo College) uses a horizontalist perspective to offer a historical overview of the post-Keynesian and circuit approaches to endogenous money, and provides an informed critique of the development of post-Keynesian economics. He argues that rather than emphasizing the early writings of Minsky, Kaldor, and Tobin in the 1950s and of Davidson and Rousseas later, post Keynesians ought to have followed the writings of Joan Robinson and Richard Kahn who offered better theories of credit-money.