Overview: .Money, Financial Institutions and Macroeconomics. presentsa comparative and international perspective on the current state ofresearch in monetary theory, and the application of monetary theory toimportant policy issues. The main emphasis is on views stressing theimportance of credit creation in the monetary process, in a traditionwhich arguably encompasses Wicksell, the later Swedes and theAustrians, through the later Hicks, the circuit school andcontemporary post-Keynesians. In addition, however, there aredistinguished contributions from economists with a more `mainstream‘approach
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