Money, Distribution Conflict and Capital Accumulation : Contributions to 'Monetary Analysis'

This book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way.

Foreword; P.Arestis Introduction PART I: REAL AND MONETARY ANALYSIS IN ECONOMIC PARADIGMS Real and Monetary Analysis in Economic Paradigms: Introduction Real Analysis in Classical, Neoclassical, Neoclassical Synthesis, Monetarist, New Classical, New Keynesian, and New Consensus Theories Monetary Analysis in Classical Economics: Banking School and Neo-Ricardian Monetary Theory of Distribution Monetary Analysis in Marx''s Economics Keynes''s ''Monetary Theory of Production'' and the Post-Keynesian Research Programme Real and Monetary Analysis in Economic Paradigms: Summary and Implications for the Analysis of Monetary Policy, Distribution and Capital Accumulation PART II: INTEREST RATE, DISTRIBUTION AND CAPITAL ACCUMULATION - POST-KEYNESIAN MODELS Interest Rate, Distribution and Capital Accumulation - Post-Keynesian Models: Introduction Post-Keynesian Monetary Theory and the Models of Distribution and Growth The Model Economy The Rate of Interest in the Kaldor-Robinson-model of Distribution and Growth The Rate of Interest in Kaleckian Models of Distribution and Growth Kaleckian Models Extended Interest Rate, Distribution and Accumulation in Post-Keynesian Models: Summary and Conclusions PART III: DISTRIBUTION CONFLICT, INFLATION AND MONETARY POLICY IN A CREDIT ECONOMY Distribution Conflict, Inflation and Monetary Policy in a Credit Economy: Introduction A Kaleckian Alternative to the New Consensus on Monetary Policy and Wage Bargaining: Trying to Make Sense of the NAIRU On the (In-)stability and the Endogeneity of the Normal Rate of Capacity Utilisation in a Post-Keynesian/Kaleckian ''Monetary'' Distribution and Growth Model Summary and Conclusions