This authoritative two-volume collection brings together the most important contributions to theories of money and banking written over the past century. Professor Wray covers a number of key topics including the historical debates about the nature of money, the role money and financial institutions play in the economy and monetary policy formation. A wide variety of approaches to money and banking are featured, among which are Monetarist, Keynesian, Marxian, Post-Keynesian and Institutionalist, and the New Monetary Consensus. Also included are a number of chapters presenting General Equilibrium, Chartalist or State Money, and Circuitiste views. In addition to the views of economists, this well-rounded set incorporates historical, sociological and anthropological approaches to money as well as theoretical topics such as interest rate, inflation rate, and exchange rate determination. This collection, along with an original introduction by the editor, will be of immense value to anyone with an interest in the field of money and banking.Theories of Money and Banking (International Library of Critical Writings in Economics series), edited by L. Randall Wray, Elgar, 2012
Monday, February 11, 2013
New Book: Randy Wray — Theories of Money and Banking
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4 comments:
No doubt interesting - but isn't the $600-plus price tag a trifle excessive?
Lower-priced pocket edition, anyone?
This one is way expensive, but all professional books are pricey these days. That's because this type of work is published to be purchased by university libraries. Not a good model for the rest of us, unfortunately.
$651 !!!!!!!!!!!!
oh wait, there's a used one for only $628 !
These are all previously published papers, so I'm guessing the royalties were off the charts. It looks like he put together a book with all the readings he assigns in his monetary theory course. BTW, my paper in the book (setting interest rates ...) is available for free on my ssrn page. :)
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