Handbook of Alternative Monetary Economics

Edited by Philip Arestis, University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow, Wolfson College, UK and Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds, UK

• Contents: Preface1. Money: An Alternative StoryÉric Tymoigne and L. Randall Wray2. Endogenous Money: AccommodationistMarc Lavoie3. Endogenous Money: StructuralistSheila C. Dow4. The Endogeneity of Money: Empirical EvidencePeter Howells5. Chartalism and the Tax-Driven Approach to MoneyPavlina R. Tcherneva6. French Circuit TheoryClaude Gnos7. The Italian Circuitist ApproachRiccardo Realfonzo8. The Theory of Money EmissionsSergio Rossi9. Keynes and MoneyPaul Davidson10. Minsky on Financial InstabilityElizabetta De Antoni11. Kalecki on Money and FinanceMalcolm Sawyer12. Karl Marx’s Theory of Money and CreditSuzanne de Brunhoff and Duncan K. Foley 13. The Transmission Mechanism of Monetary Policy: A Critical ReviewGreg Hannsgen14. Monetary PolicyJames Forder15. Monetary Policy in an Endogenous Money EconomyThomas I. Palley16. Central Bank and Lender of Last ResortMichael Knittel, Sybille Sobczak and Peter Spahn17. The Theory of Interest RatesJohn Smithin18. The Role of Banks in the Context of Economic Development with Reference to South Korea and IndiaSantonu Basu19. Credit RationingRoy J. Rotheim20. Liquidity Preference TheoryJörg Bibow 21. Financial Liberalization and the Relationship Between Finance and GrowthPhilip Arestis22. DeregulationDorene Isenberg23. Banking and Financial CrisesGary A. Dymski24. A Post-Keynesian Analysis Financial Crisis in the Developing World and Directions for ReformIlene Grabel25. Financial BubblesMark Hayes26. Keynesian Uncertainty and MoneyGiuseppe Fontana27. Speculation, Liquidity Preference and Monetary CirculationKorkut A. Erturk28. Money and InflationMathías Vernengo 29. Interest and Money: The Property ExplanationGunnar Heinsohn and Otto SteigerIndex

'This Handbook covers a wide variety of issues of money and finance from a heterodox perspective and it proves that very convincing work is going on beyond mainstream economics. . . Arestis and Sawyer have done a marvellous job bringing together all these contributions, and I can highly recommend this Handbook to students and researchers in the area of money, finance and macroeconomics.'