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- W2239775167 abstract "The 2007-2009 economic and financial crisis has been the result of systemic events and failures. Understanding its ultimate origins requires therefore a systemic approach. This is provided by monetary circuit theory, also known as the monetary theory of production, for it considers the workings of a monetary economy of production from a macroeconomic point of view. The selected papers in this issue explain the causes of the 2007-2009 crisis referring to the (disorderly) working of monetary circuits in our finance-dominated capitalist systems. Moving from a positive to a normative analysis, the contributions to this special issue point out a number of economic-policy reforms at a structural level, designed to avert that a further systemic crisis might occur in any monetary economies of production and exchange." @default.
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- W2239775167 date "2010-01-01" @default.
- W2239775167 modified "2023-09-25" @default.
- W2239775167 title "The 2007-2009 Economic and Financial Crisis: An Analysis in Terms of Monetary Circuits" @default.
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