Fontana, Giuseppe; Gerrard, Bill - In: Review of Social Economy 60 (2002) 2, pp. 243-262
The dominant paradigm in economics views economic behavior as allocative activity in a neutral, C-M-C' economy. As a consequence, money is treated as a veil that is inessential to the real functioning of the economic system. This paper argues that one of Keynes's fundamental insights is the...