In the volume under review, Philip Arestis & Malcolm Sawyer have collected 29 high-quality original essays by leading specialists on heterodox monetary economics. The result of the editors’ efforts is a thorough survey of alternative approaches to the mainstream analysis of money and the economy, with a broad overview of the well-established results and directions of research of the Post- Keynesian approach. The contributions can be divided into two parts: the first 20 chapters deal with the theoretical and policy implications of endogenous money; Chapters 21 to 29 concern the financial system, focusing on institutions and financial crises.
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