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9781840640984

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'This is a very pleasant volume on credit, interest rates, and the open economy. It would be useful to anyone interested in gaining knowledge of the major issues in the horizontalist interpretation of the endogenous money hypothesis.' -- Giuseppe Fontana, Eastern Economic Journal 'This book should be on the reading list of every graduate course in monetary economics. The distinguished contributors not only examine and discuss the nature of money and the conduct of monetary policy in a modern credit economy, but also take an historical perspective through the writings of Cassel, Wicksell, Sraffa and Hicks, as well as Keynes and Kaldor, and extend the theory of money endogeneity (or horizontalism ) to the open economy and economic growth. Interested readers have a feast before them.' -- A.P. Thirlwall, University of Kent at Canterbury, UK

"'This is a very pleasant volume on credit, interest rates, and the open economy. It would be useful to anyone interested in gaining knowledge of the major issues in the horizontalist interpretation of the endogenous money hypothesis.' -- Giuseppe Fontana, Eastern Economic Journal 'This book should be on the reading list of every graduate course in monetary economics. The distinguished contributors not only examine and discuss the nature of money and the conduct of monetary policy in a modern credit economy, but also take an historical perspective through the writings of Cassel, Wicksell, Sraffa and Hicks, as well as Keynes and Kaldor, and extend the theory of money endogeneity (or ""horizontalism"") to the open economy and economic growth. Interested readers have a feast before them.' -- A.P. Thirlwall, University of Kent at Canterbury, UK"

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Edited by Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor-in-Chief, Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics and Co-Director Monetary Policy Institute and Matías Vernengo, Full Professor, Bucknell University, US

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