Keynes’s ‘revolving fund of finance’ and transactions in the circuit

Keynes and Macroeconomics after 70 years: Critical Assessments of the General Theory

Volumn , Issue , 2008, Pages 259-278

  Keen, Steve ^a  

^a UNIVERSITY OF WESTERN SYDNEY   (Australia)

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EID: 84929990828     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4337/9781848446205.00027     Document Type: Chapter

References (13)

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3. Dow, S. (1997), ‘Endogenous money’, in G.C. Harcourt and P.A. Riach (eds), A ‘Second Edition of the General Theory, London: Routledge, pp. 61-78.
4. Fontana, G. (2000), ‘Post Keynesians and circuitists on money and uncertainty: an attempt at generality’, Journal of Post Keynesian Economics, 23, 27-48.
5. Fontana, G. and R. Realfonzo (eds) (2005), The Monetary Theory of Production, New York: Palgrave.
6. Graziani, A. (1989), ‘The theory of the monetary circuit’, Thames Papers in Political Economy, Spring, 1-26, reprinted in M. Musella and C. Panico (eds) (1995), The Money Supply in the Economic Process, Aldershot, UK and Brookfield, US: Edward Elgar, pp. 1-26.
7. Graziani, A. (2003), The Monetary Theory of Production, Cambridge: Cambridge. University Press.
8. Keen, S. (1995), ‘Finance and economic breakdown: modelling Minsky’s financial instability hypothesis’, Journal of Post Keynesian Economics, 17, 607-35.
9. Keynes, J.M. (1937b), ‘Alternative theories of the rate of interest’, Economic Journal, 47, 241-52.
10. Keynes, J.M. (1937c), ‘The “ex-ante” theory of the rate of interest’, Economic Journal, 47, 663-9.
11. Moore, B. (1988), Horizontalists and Verticalists: The Macroeconomics of Credit Money, Cambridge: Cambridge University Press.
12. Rochon, L.-P. (2005), ‘The existence of monetary profits within the monetary circuit’, in Fontana and Realfonzo, pp. 125-38.
13. Wray, L. Randall (2000), ‘What is money and where did it come from?’ in J. Smithin (ed.), What is Money?, London: Routledge, pp. 42-66.