A General Analytical Framework for the Analysis of Currencies and Other Commodities

Warren Mosler Director of Economic Analysis Adams, Viner, and Mosler West Palm Beach, FL. USA Mathew Forstater Professor of Economics Visiting Scholar Levy Institute Keynes lashed out against neoclassical theory for treating capitalism as a barter or “real-exchange” economy, and offered his “monetary theory of production” as an alternative to the traditional approach based on … Continue reading A General Analytical Framework for the Analysis of Currencies and Other Commodities