Money, Accumulation and Crisis

Duncan Foley provides an alternative to Keynesian and 'new classical' macroeconomics, based on the Marxian theory of capital.

Autorentext

Duncan K Foley

Inhalt

1. Introduction; 2. Price and value; 3. Commodity, value, and money; 4. Value and labor; 5. Capitalist production; 6. The circuit of capital; 7. Simple and expanded reproduction; 8. Aggrepate demand in the circuit of capital; 9. Accumulation and realization out of the steady state; 10. Changes in the value of money; 11. Credit and interest; 12. Central bank policy; 13. Proportionality in simple and expanded; 14. Accumulation; 15. Economic crisis; 16. Conclusion;