Credit, money, and production: post-Keynesian1 economics and the circuit traditions

Louis-Philippe Rochon

Chapter 3 in Post Keynesian Economics, 2024, pp 29-47 from Edward Elgar Publishing

Abstract: While post-Keynesian economics was developing in the United States and England, a parallel approach was developing in France and Italy. This heterodox school, known as the monetary circuit approach, shared important elements with the post-Keynesians, including being both rooted in Keynes, albeit perhaps a different Keynes. Starting very early on, in the late 1970s and early 1980s, members of both groups began interacting with each other.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2024
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