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

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.


Volume: Volume III Issue 2
Section: Book reviews
Published on: May 20, 2010
Imported on: December 28, 2022
Keywords: [SHS]Humanities and Social Sciences

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