Money, Markets and Capital

As a result of the 2008 global financial crisis, economists shifted their emphasis from economic policy and social governance to theoretical debates. Economists should reconsider the state of their discipline to avoid taking a step backward and it seems more appropriate than ever to think about the way economic theory has evolved and to check its present day relevance. This book offers an original contribution to this endeavour. It contains a solid critical analysis of the mainstream theory of money, from the vantage point of both internal logical consistency and economic methodology.