Hardback
Money and Production
Selected Essays
9781035314027 Edward Elgar Publishing
In this insightful volume, editors Louis-Philippe Rochon and Mario Seccareccia bring together key essays from the influential and highly-regarded journal, Monnaie et Production. Beginning with a new commentary, Rochon and Seccareccia provide a modern perspective, highlighting invaluable insights on both the content and the editor, Alain Parguez.
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Critical Acclaim
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In this insightful volume, editors Louis-Philippe Rochon and Mario Seccareccia bring together key essays from the influential and highly-regarded journal, Monnaie et Production.
Beginning with a new commentary, Rochon and Seccareccia provide a modern perspective, highlighting invaluable insights on both the content and the editor, Alain Parguez. Showcasing 15 classic articles on topics such as money, finance and policy, this book highlights the bridges built between American post-Keynesians and the European heterodox community. The selected essays examine the missing links that history has brought to light and pay tribute to this historic, ground-breaking journal on its 40th anniversary.
Highlighting a seminal contribution to heterodox economics, but little known in the English-speaking world, this book provides a unique reference opportunity to view these important historical essays in one place. Scholars of economics interested in post-Keynesian theory and in this important episode in the history of economic thought will find this a vital resource.
Beginning with a new commentary, Rochon and Seccareccia provide a modern perspective, highlighting invaluable insights on both the content and the editor, Alain Parguez. Showcasing 15 classic articles on topics such as money, finance and policy, this book highlights the bridges built between American post-Keynesians and the European heterodox community. The selected essays examine the missing links that history has brought to light and pay tribute to this historic, ground-breaking journal on its 40th anniversary.
Highlighting a seminal contribution to heterodox economics, but little known in the English-speaking world, this book provides a unique reference opportunity to view these important historical essays in one place. Scholars of economics interested in post-Keynesian theory and in this important episode in the history of economic thought will find this a vital resource.
Critical Acclaim
‘This fine collection of important papers is a fitting tribute to Alain Parguez and a vital contribution to the intellectual histories of circuitism, post-Keynesianism and monetary production economics in general.’
– James K. Galbraith, The University of Texas, Austin, US
‘The series Monnaie et Production launched and managed by Alain Parguez from 1984 to 1996, aimed at resolving “the conundrum of money”, was a crucial link between French-speaking and Anglo-Saxon post-Keynesians. For more than ten years, MP allowed an international opening to young French post-Keynesians, thereby extending the conference Keynes Today, organized at Paris-Sorbonne in 1983, until the development of international post-Keynesian conferences in Kansas City, Dijon and Berlin. The major theoretical controversies were addressed there and still constitute the framework of post-Keynesian monetary thinking today. This book is extremely useful because it allows you to access and reread these fundamental texts today. Every post-Keynesian should have it.’
– Edwin Le Héron, Sciences Po Bordeaux, France
‘Monnaie et Production constituted a vibrant publication series and a vital international forum for debate that brought together first- and second-generation European and North-American post-Keynesians during the 1980s and 1990s, with its expressed focus on money and macroeconomics. Some of these ideas on the credit-driven nature of money and the crucial stabilizing role of the State debated in that publication series, flourished during the twenty-first century among current-generation post-Keynesian economists, including advocates of Modern Monetary Theory. This representative group of articles that were published in English in this well-known French journal are all highly recommended readings to understand better the evolution of post-Keynesian economics over the last four decades.’
– Stephanie Kelton, Stony Brook University, US
– James K. Galbraith, The University of Texas, Austin, US
‘The series Monnaie et Production launched and managed by Alain Parguez from 1984 to 1996, aimed at resolving “the conundrum of money”, was a crucial link between French-speaking and Anglo-Saxon post-Keynesians. For more than ten years, MP allowed an international opening to young French post-Keynesians, thereby extending the conference Keynes Today, organized at Paris-Sorbonne in 1983, until the development of international post-Keynesian conferences in Kansas City, Dijon and Berlin. The major theoretical controversies were addressed there and still constitute the framework of post-Keynesian monetary thinking today. This book is extremely useful because it allows you to access and reread these fundamental texts today. Every post-Keynesian should have it.’
– Edwin Le Héron, Sciences Po Bordeaux, France
‘Monnaie et Production constituted a vibrant publication series and a vital international forum for debate that brought together first- and second-generation European and North-American post-Keynesians during the 1980s and 1990s, with its expressed focus on money and macroeconomics. Some of these ideas on the credit-driven nature of money and the crucial stabilizing role of the State debated in that publication series, flourished during the twenty-first century among current-generation post-Keynesian economists, including advocates of Modern Monetary Theory. This representative group of articles that were published in English in this well-known French journal are all highly recommended readings to understand better the evolution of post-Keynesian economics over the last four decades.’
– Stephanie Kelton, Stony Brook University, US
