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Theories of Money and Banking (Hardcover)
Loot Price: R18,117
Discovery Miles 181 170
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Theories of Money and Banking (Hardcover)
Series: The International Library of Critical Writings in Economics series
Expected to ship within 12 - 17 working days
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'Randall Wray's two volumes provide a bright beacon in a darkening
night of turmoil, confusion and ignorance. By bringing together
classics from both the mainstream and heterodox approaches to
monetary theory and policy, Wray provides a fundamental resource
for the urgently needed rethink on how the interrelated world of
monetary production economies functions or misfunctions, and also a
basis for the development of a sound theory on how to erect
effective policies for tackling major, potentially disastrous
problems.' - Geoffrey Harcourt, University of New South Wales,
Australia This authoritative two-volume collection brings together
the most important contributions to theories of money and banking
written over the past century. Professor Wray covers a number of
key topics including the historical debates about the nature of
money, the role money and financial institutions play in the
economy and monetary policy formation. A wide variety of approaches
to money and banking are featured, among which are Monetarist,
Keynesian, Marxian, Post-Keynesian and Institutionalist, and the
New Monetary Consensus. Also included are a number of chapters
presenting General Equilibrium, Chartalist or State Money, and
Circuitiste views. In addition to the views of economists, this
well-rounded set incorporates historical, sociological and
anthropological approaches to money as well as theoretical topics
such as interest rate, inflation rate, and exchange rate
determination. This collection, along with an original introduction
by the editor, will be of immense value to anyone with an interest
in the field of money and banking.
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