Wynne Godley and Marc Lavoie's Monetary Economics is the definitive work on the stock-flow consistent modeling in monetary economics using the sectoral balance approach. Philip Pilkington is a reporter and experienced interviewer with excellent knowledge of monetary economics.
Read it at Naked Capitalism
New Directions in Monetary Economics: An Interview with Marc Lavoie – Part I
Interview conducted by Philip Pilkington
Marc Lavoie is a professor in the Department of Economics at the University of Ottawa. He is the author of numerous books on post-Keynesian economics. His latest work ‘Monetary Economics’, written with the late Wynne Godley, is now available in paperback from Amazon.com.