Money and Employment: The Collected Writings of Paul Davidson, Volume 1

Front Matter....Pages i-xii
Introduction to Volumes of the Collected Writings of Paul Davidson....Pages 1-8
Front Matter....Pages 9-9
Keynes’s Finance Motive....Pages 11-31
The Importance of the Demand for Finance....Pages 32-40
Money, Portfolio Balance, Capital Accumulation, and Economic Growth....Pages 41-75
The Demand and Supply of Securities and Economic Growth and Its Implications for the Kaldor-Pasinetti Versus Samuelson-Modigliani Controversy....Pages 76-94
The Role of Monetary Policy in Overall Economic Policy....Pages 95-109
Discussion Paper: ‘Money in Britain, 1959–69’....Pages 110-115
Money and the Real World....Pages 116-131
A Keynesian View of Friedman’s Theoretical Framework for Monetary Analysis....Pages 132-151
Money as Cause and Effect....Pages 152-169
The Theory of Monetary Policy Under Wage Inflation....Pages 170-190
Discussion of Papers on the Keynesian Model....Pages 191-195
Money and General Equilibrium....Pages 196-217
Why Money Matters: Lessons from a Half-century of Monetary Theory....Pages 218-243
Rejoinder to V. Kerry Smith....Pages 244-245
Is Monetary Collapse in the 1980s on the Cards?....Pages 246-254
Keynes’s Paradigm: A Theoretical Framework for Monetary Analysis....Pages 255-278
Post Keynesian Economics: Solving the Crisis in Economic Theory....Pages 279-299
A Critical Analysis of Monetarist—Rational Expectation—Supply-side (Incentive) Economics Approach to Accumulation During a Period of Inflationary Expectations....Pages 300-307
Monetarism and Reaganomics....Pages 308-318
Front Matter....Pages 9-9
Why Deficits Hardly Matter....Pages 319-323
Financial Markets and Williamson’s Theory of Governance: Efficiency Versus Concentration Versus Power....Pages 324-338
Can We Afford to Balance the Budget?....Pages 339-341
A Post Keynesian View of Theories and Causes for High Real Interest Rates....Pages 342-364
Finance, Funding, Saving, and Investment....Pages 365-373
Endogenous Money, the Production Process, and Inflation Analysis....Pages 374-388
Keynes and Money....Pages 389-407
Macroeconomic Policy and the Twin Deficits....Pages 408-429
Front Matter....Pages 431-431
Rolph on the Aggregate Effects of a General Excise Tax....Pages 433-442
Wells on Excise Tax Incidence in an Imperfectly Competitive Economy....Pages 443-449
Income and Employment Multipliers, and the Price Level....Pages 450-466
More on the Aggregate Supply Function....Pages 467-472
The Aggregate Supply Function....Pages 473-477
Modigliani on the Interaction of Monetary and Real Phenomena....Pages 478-483
Disequilibrium Market Adjustment: Marshall Revisited....Pages 484-496
Disequilibrium Market Adjustment: Marshall Revisited. A Rejoinder....Pages 497-500
A Keynesian View of Patinkin’s Theory of Employment....Pages 501-522
A Keynesian View of Patinkin’s Theory of Employment: A Rejoinder....Pages 523-524
Patinkin’s Interpretation of ‘Keynes and the Keynesian Cross’....Pages 525-529
The Dual-faceted Nature of the Keynesian Revolution: Money and Money-wages in Unemployment and Production Flow Prices....Pages 530-542
Front Matter....Pages 431-431
On Bronfenbrenner and Mainstream Views of the ‘Essential Properties’ of Money: A Reply....Pages 543-546
The Marginal Product Curve Is Not the Demand Curve for Labour and Lucas’s Labour Supply Function Is Not the Supply Curve for Labour in the Real World....Pages 547-554
Reviving Keynes’s Revolution....Pages 555-566
Sidney Weintraub — an Economist of the Real World....Pages 567-580
Liquidity and Not Increasing Returns Is the Ultimate Source of Unemployment Equilibrium....Pages 581-586
The Simple Macroeconomics of a Non-ergodic Monetary Economy Versus a Share Economy: Is Weitzman’s Macroeconomics Too Simple?....Pages 587-597
Financial Markets, Investment and Employment....Pages 598-610
Back Matter....Pages 611-628
....Pages 629-637