Connecting social provisioning and functional finance in a post-Keynesianâ€“Institutional analysis of the public sector
This paper establishes connections between the frameworks of social provisioning and functional finance, and discusses a post-Keynesianâ€“Institutionalist theory of the public sector that emerges out of these linkages. The concept of social provisioning has emerged out of Institutional economics, and has been further developed by institutional and other heterodox economists. Its potential as a methodological foundation that connects various heterodox approaches has received some growing attention. Such discussions have not referred in an analytical manner to functional finance. On the other hand, the principles of functional finance have been elaborated and developed outside an explicit grounding in a social provisioning framework. The article specifies further the concept of social provisioning and discusses functional finance within such a framework. The framework of functional finance gains a structural and institutional grounding which enables a deeper and more critical conceptualization of the public sector.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 10 (2013)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.elgaronline.com/ejeep|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marilyn Power, 2004. "Social Provisioning As A Starting Point For Feminist Economics," Feminist Economics, Taylor & Francis Journals, vol. 10(3), pages 3-19.
- Mathew Forstater, 1999. "Functional Finance and Full Employment: Lessons from Lerner for Today," Macroeconomics 9908002, EconWPA.
- Thorstein Veblen, 1899. "Mr. Cummings's Strictures on "The Theory of the Leisure Class"," Journal of Political Economy, University of Chicago Press, vol. 8, pages 106-106.
- L. Randall Wray, 2011.
"Minsky's Money Manager Capitalism and the Global Financial Crisis,"
International Journal of Political Economy,
M.E. Sharpe, Inc., vol. 40(2), pages 5-20, July.
- L. Randall Wray, 2011. "Minsky's Money Manager Capitalism and the Global Financial Crisis," Economics Working Paper Archive wp_661, Levy Economics Institute.
- Frederic S. Lee, 2011. "Modeling the Economy as a Whole: An Integrative Approach," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(5), pages 1282-1314, November.
- Tae‐Hee Jo, 2011.
"Social Provisioning Process and Socio‐Economic Modeling,"
American Journal of Economics and Sociology,
Wiley Blackwell, vol. 70(5), pages 1094-1116, November.
- Jo, Tae-Hee, 2011. "Social Provisioning Process and Socio-Economic Modeling," MPRA Paper 28969, University Library of Munich, Germany.
- Vickrey, William, 1992. "Meaningfully Defining Deficits and Debt," American Economic Review, American Economic Association, vol. 82(2), pages 305-310, May.
- Veblen, Thorstein, 1921. "The Engineers and the Price System," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1921.
- Mathew Forstater, 1999. "Functional Finance and Full Employment: Lessons from Lerner for Today," Economics Working Paper Archive wp_272, Levy Economics Institute.
- Bell, Stephanie, 2001. "The Role of the State and the Hierarchy of Money," Cambridge Journal of Economics, Oxford University Press, vol. 25(2), pages 149-163, March.
- Veblen, Thorstein, 1899. "The Theory of the Leisure Class," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1899.
- Veblen, Thorstein, 1919. "The Vested Interests and the Common Man," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1919.
- Zdravka Todorova, 2009. "Money and Households in a Capitalist Economy," Books, Edward Elgar Publishing, number 13178.
- Elba K. Brown-Collier & Bruce E. Collier, 1995. "What Keynes Really Said about Deficit Spending," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 17(3), pages 341-355, April.
- William S. Vickrey, 2004. "Full Employment and Price Stability," Books, Edward Elgar Publishing, number 3110 edited by Mathew Forstater & Pavlina R. Tcherneva.
- S. Charusheela & Colin Danby, 2006. "A through-time framework for producer households," Review of Political Economy, Taylor & Francis Journals, vol. 18(1), pages 29-48.
When requesting a correction, please mention this item's handle: RePEc:elg:ejeepi:v:10:y:2013:i:1:p61-75. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helen Craven)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.