The state, the market, and the euro : chartalism versus metallism in the theory of money / edited by Stephanie A. Bell, Edward J. Nell.

Format:

Book

Contributor:

Kelton, Stephanie, 1969-

Nell, Edward J.

Language:

English

Subjects (All):

Euro.

Money.

Monetary policy.

Physical Description:

xiv, 202 pages ; 24 cm

Place of Publication:

Cheltenham, UK ; Northhampton, MA, USA : E. Elgar, [2003]

Contents:

1 The two concepts of money: Implications for the analysis of optimal currency areas / Charles A.E. Goodhart 1

2 Mr Goodhart and the EMU / Perry Mehrling 26

3 The creditary/monetarist debate in historical perspective / Michael Hudson 39

4 Some limitations of the Chartalist perspective: A comment on 'The two concepts of money' / Eric Helleiner 77

5 The neo-Chartalist approach to money / L. Randall Wray 89

6 Nominal money, real money and stabilization / Edward J. Nell 111

7 Money as a social institution: A heterodox view of the euro / Robert Guttmann 138

8 Neglected costs of monetary union: The loss of sovereignty in the sphere of public policy / Stephanie A. Bell 160

9 A reply to the contributors / Charles A.E. Goodhart 184.

Notes:

Includes bibliographical references and index.

ISBN:

1843761564

OCLC:

50622499