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Money, Enterprise and Income Distribution John Smithin (York University, Toronto, Canada)

Money, Enterprise and Income Distribution By John Smithin (York University, Toronto, Canada)

Money, Enterprise and Income Distribution by John Smithin (York University, Toronto, Canada)


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Money, Enterprise and Income Distribution Summary

Money, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalism by John Smithin (York University, Toronto, Canada)

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.

About John Smithin (York University, Toronto, Canada)

John Smithin is Professor of Economics in the Department of Economics and the Schulich School of Business, York University, Toronto, Canada

Table of Contents

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


Additional information

NLS9780415197748
9780415197748
0415197740
Money, Enterprise and Income Distribution: Towards a macroeconomic theory of capitalism by John Smithin (York University, Toronto, Canada)
New
Paperback
Taylor & Francis Ltd
2010-04-15
222
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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