Money, Financial Institutions and Macroeconomics

Introduction; A.J. Cohen, et al. Part I: The Theory of a Monetary and Credit Economy. 1. The Uses of the Pure Credit Economy; H.-M. Trautwein. 2. Post Keynesian Monetary Theory and the Principle of Effective Demand; C. Rogers. 3. Keynesians, New Keynesians and the Loanable Funds Theory; M. Messori. 4. The Fisher Effect: Phenomenology, Theory and Policy; A. Cottrell. 5. Loanable Funds, Endogenous Money and Minsky's Financial Fragility Hypothesis; M. Lavoie. Part II: Alternative News on Money and Credit. 6. Keynes and Friedman on Money; G. Dostaler. 7. The Role of Credit in Fisher's Monetary Economics; R.W. Dimand. 8. Henry Dunning Macleod and the Credit Theory of Money; N.T. Skaggs. 9. Early Twentieth-Century Heterodox Monetary Thought; M. Seccareccia. 10. The Role of Credit in the Mania-Crisis Process; B. Spotton. Part III: Monetary Policy Issues in North America. 11. The Institutionalization of Deflationary Monetary Policy; T.I. Palley. 12. Monetarism and the United States Economy; D.I. Fand. 13. A Fiscal-Monetary Mix-Up; D. Laidler. 14. Flying Blind: Recent Federal Reserve Policy; L.R. Wray. Part IV: Monetary Policy Issues in Europe. 15. The Problematic Nature of Independent Central Banks; P. Arestis, M. Sawyer. 16. Credibility, Reputation, and the Instability of the EMS; H.-P. Spahn. 17. Competition and the Future of the European Banking and Financial System; V. Chick, S.C. Dow.18. The Monetary Shock of German Unification; H.-H. Francke, H. Nitsch. Index.