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Methodology and the Analysis of a Monetary Economy

In: Money and Production

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Abstract

The distinction is drawn between adding ‘money’ within a real exchange economy and designing a framework of analysis specifically for a monetary economy. The modes of thought employed in orthodox (real exchange) economics and (post) Keynesian economics are contrasted and their significance explored for the two schools’ respective analytical frameworks.

Suggested Citation

  • S.C. Dow, 2024. "Methodology and the Analysis of a Monetary Economy," Chapters, in: Louis-Philippe Rochon & Mario Seccareccia (ed.), Money and Production, chapter 1, pages 12-40, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22417_1
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    File URL: https://www.elgaronline.com/doi/10.4337/9781035314034.00007
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    Keywords

    Economics and Finance;

    Statistics

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