A Handbook of Alternative Monetary Economics - 9781848441194

A Handbook of Alternative Monetary EconomicsAuthor(s): Philip Arestis, Malcolm Sawyer\nFormat: Paperback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781848441194, 978-1848441194\nSynopsis\nThis major Handbook consists of 29 contributions that explore the full range of exciting and interesting work on money and finance currently taking place within heterodox [url] are many themes and facets of alternative monetary and financial economics but two major ones can be identified. The first concerns the nature of money: money is credit created through the financial system in the process of loan creation. The second theme is that money is endogenous and not exogenous. Contributions to the Handbook cover the origins and nature of money, detailed analyses of endogenous money, surveys of empirical work on endogenous money and the nature of monetary policy when money is endogenous. The second theme focuses on the financial system, and .