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Rethinking the Theory of Money, Credit, and Macroeconomics: A Review Essay

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  • Nina Eichacker

Abstract

This essay presents an overview and assessment of John Smithin's 2018 book Rethinking the Theory of Money, Credit, and Macroeconomics. Smithin continues the projects of Keynes and Minsky with the aim of providing a general account what how the macroeconomy actually works. The essay evaluates Smithin's alternative monetary model of the economy in the light of several key Post-Keynesian themes.

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  • Nina Eichacker, 2019. "Rethinking the Theory of Money, Credit, and Macroeconomics: A Review Essay," Review of Political Economy, Taylor & Francis Journals, vol. 31(3), pages 464-471, July.
    • Handle: RePEc:taf:revpoe:v:31:y:2019:i:3:p:464-471
    DOI: 10.1080/09538259.2019.1698193
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