A Review of Jean-François Ponsot and Sergio Rossi (eds), The Political Economy of Monetary Circuits: Tradition and Change in Post-Keynesian Economics, Basingstoke, Palgrave Macmillan, 2009, 264 pp.

Rémi Stellian

doi:10.46298/jpe.10602

Rémi Stellian - A Review of Jean-François Ponsot and Sergio Rossi (eds), The Political Economy of Monetary Circuits: Tradition and Change in Post-Keynesian Economics, Basingstoke, Palgrave Macmillan, 2009, 264 pp.

jpe:10602 - Journal of Philosophical Economics, May 20, 2010, Volume III Issue 2 - https://doi.org/10.46298/jpe.10602

A Review of Jean-François Ponsot and Sergio Rossi (eds), The Political Economy of Monetary Circuits: Tradition and Change in Post-Keynesian Economics, Basingstoke, Palgrave Macmillan, 2009, 264 pp.Article

Authors: Rémi Stellian ¹

1 Université Pierre Mendès France - Grenoble 2

Admittedly, economics first aims at solving empirical problems-for instance, what are the causes of unemployment?-and, to this purpose, it elaborates on the principles of the working of the economy. Now, this book suggests a modern conception of economics, called 'monetary analysis'. According to the latter, the fundamental principles of the working of the economy are inseparable from money, while this primacy of money entails a specific way of solving empirical problems.

https://doi.org/10.46298/jpe.10602

Source: HAL:hal-03704565v1

Volume: Volume III Issue 2

Section: Book reviews

Published on: May 20, 2010

Imported on: December 28, 2022

Keywords: [SHS]Humanities and Social Sciences

Licence: Attribution-Non Commercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)