New Paper by Sergio Cesaratto: Initial and Final Finance in the Monetary Circuit and the Theory of Effective Demand

June 25, 2016

Category: Capitalism, Classical-Keynesian, David Fields, Effective Demand, Finance, Growth, Heterodox Economics, Keynes, Macroeconomics, Methodology, Metroeconomica, Monetary Circuit, Money, Sergio Cesaratto, Supermultiplier

New Metroeconomica paper by Sergio Cesaratto From the abstract: One remarkable aspect of modern heterodox theory is t

A Brief Sketch of the Classical-Keynesian Perspective

April 8, 2016

Category: Capitalism, Class Conflict, Classical-Keynesian, Critical Social Science, David Fields, Debt, Distribution, Effective Demand, Finance, Fiscal Policy, Growth, Heterodox Economics, Institutions, Keynes, Labour, Long-Period, Macroeconomics, Marx, Marxian Economics, Methodology, Modern Monetary Theory, Monetary Policy, Money, Political economy, Post-Keynesian, Power, Prices, Radical Economics, Sraffa, Sraffian Economics, Supermultiplier, unemployment, Value Theory, Wages

By David M. Fields From a Classical-Keynesian perspective (Bortis, 1997, 2003), rates of interest regulate rates of p

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