In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the...

Contents: Part I From the 1920s to the early postwar period 1. Introduction -- 2. Banks and the quantity theory: Wicksell and Fisher -- 3. Money and banking in the process of change: Schumpeter and Robertson -- 4. Banks, debt and deflation in the Great Depression -- 5. Keynes on banks in a...