This is a theoretical analysis of the role of money and other less liquid financial assets in the financing of the private sector of a market economy. It is concerned, basically, with the functional relations between households, firms, banks and other financial institutions, and with those...

We address the finance motive and the determination of profits in the Monetary Theory of Production associated with the Circuitist School. We show that the “profit paradox” puzzle addressed by many authors who adopt this approach can be solved by integrating a simple Circuit model with a...

La réforme du système monétaire international reste toujours au centre de l'attention des spécialistes de théorie monétaire et des responsables de la politique économique. Afin de résoudre les problèmes qui se posent dans ce domaine et d'évaluer les hypothèses de changement qui ont...

This volume explores overlapping themes in radical political economy. [Part I] The first part looks at the disciplinary role of capital under neoliberalism through an examination of official development policies of the US government and the World Bank, labour restructuring in Argentina, the...