The Emergence of Profit and Interest in the Monetary Circuit
Egmont Kakarot-Handtke ()
World Economic Review, 2013, vol. 2013, issue 2, pages 106
Efficient progress of the monetary theory of production (MTP) is hampered by an unsatisfactory account of how profit and interest emerge in the monetary circuit. As matter of fact, this question puzzled already the classics. It seems evident that it cannot be answered by applying the usual tools. The present paper's purpose is to overcome the deadlock. This is done by setting the circulation approach on general structural axiomatic foundations. View the Open Peer Discussion of this paper »
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://wer.worldeconomicsassociation.org/papers/th ... he-monetary-circuit/ (text/html)
Working Paper: The emergence of profit and interest in the monetary circuit (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:wea:worler:v:2013:y:2013:i:2:p:106
Access Statistics for this article
World Economic Review is currently edited by Kyla Rushman
More articles in World Economic Review from World Economics Association Contact information at EDIRC.
Series data maintained by Jake McMurchie ().