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Author:   Santiago Capraro ,  Carlo Panico ,  Luis Torres-González
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
ISBN:  

9781032498805

ISBN 10:   1032498803
Pages:   360
Publication Date:   22 May 2026
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Forthcoming
Availability:   Not yet available  
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Table of Contents

Introduction Part I: Preliminary elements 1. Money and institutions: a historical perspective 2. The effects of the dominance of finance on the economy and on policy Part II: Basic concepts and analyses 3. Say’s Law and the Principle of Effective Demand 4. Theories of income distribution in an economy producing one-commodity 5. Theories of distribution in an economy producing more than one commodity 6. Rationality and uncertainty Part III: Keynes and Sraffa on money, distribution, and production 7. The evolution of Keynes’ work on the role of money in the economic process 8. Keynes’ and Sraffa’s monetary writings and the Cambridge Tradition Part IV: A monetary interpretation of the recent rise of inequality and of stagnation 9. The evolution of financial regulation in USA 10. Rising systemic risk and financial crises 11. US monetary policy and the decline in the interest rates (1990-2007) 12. The dominance of finance in emerging economies 13. Financial industry, inequality, and stagnation: a multi-sectorial economy Conclusions

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Author Information

Santiago Capraro is a full-time professor in Economics at the Economics School, Universidad Nacional Autonoma de Mexico (UNAM), and teaches Macroeconomics in the Economics Graduate Program at UNAM. Carlo Panico is Professor at the UNAM. He was Professor of Political Economy at the University Federico II of Naples (Italy). Luis Daniel Torres-González is Adjunct Professor at the undergraduate and graduate program, UNAM, and member of the Mexican National Research System Level I (SNI-I).

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