The growth spiral : money, energy, and imagination in the dynamics of the market process

Introduction. -- Part I. Money and the market. -- The difference between markets and barter: money and the making of markets. -- Capital and the firm : the firm as the engine of the market process. -- Money and money creation in a two-stage banking system. -- Part II. Market and production. -- The development of the theories of production : valid insights and shortcomings. -- Production involving nature and imagination. -- Income distribution in the process of growth. -- Part III. Money and production in the dynamics of the growth spiral : growth imperative and growth impetus. -- From the theory of growth to the theory of the growing economy. -- The economic process as a growth spiral. -- The increase of the present value of profits as the growth impetus. -- The avoidance of losses as the growth imperative. -- Growth opportunities and growth obstacles : the role of the state. -- Summary and outlook