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Money, Finance, and Capitalist Development

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2006-06-15 02:50:39     
Article by Charles J. Whalen

Money, Finance, and Capitalist Development, edited by Philip Arestis and Malcolm Sawyer. Northampton, Mass.: Edward Elgar Publishing, 2001. Cloth, ISBN: 1840645989, $95.00. 269 pages.

This book presents revised and updated versions of six essays previously published in International Papers in Political Economy. Each chapter is critical of neoclassical theory and presents an alternative at least partly rooted in Post Keynesian economics. It is a valuable collection for those interested in contemporary economic issues: As editors Philip Arestis and Malcolm Sawyer explain in their introduction, "There can be little doubt that the financial sector is much more important now than ...

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