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Debt, demand and depression

Debt, demand and depression | money money money | Scoop.it
In the last few weeks, global stock and bond markets have been rallying after a period of sharp falls.  The reason is clear. The US Federal Reserve monetary policy chiefs have been talking down the...
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Ben Bernanke: courage and confusion

Ben Bernanke: courage and confusion | money money money | Scoop.it
Former Federal Reserve chief Ben Bernanke, who presided over the global financial crash and the ensuing Great Recession, has a new book out, now that he has returned to academia.  The book, with a ...
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This Marxist Insight Explains How Investors Should Deal With The Fed

This Marxist Insight Explains How Investors Should Deal With The Fed | money money money | Scoop.it
The 18th Brumaire of Janet Yellen.
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Marx and Monetary Theory

In the context of the current crisis, with ‘quantitative easing’ to the tune of hundreds of billions of dollars on the one hand and the rush to liquidity that accompanies financial crises on the other, it may be useful to take a look at how Marx’s economic theory relate to issues of money and monetary policy. The aim here is to provide a clear and understandable overview of what Marx’s theory of money was, how it relates to our current-day monetary system internationally, and how this relates to his value analysis generally. I will not aim to say anything particularly new or original, nor go into everything in the depth it really deserves, but I will limit myself to providing a general popular overview, as much as the rather abstract nature of the subject allows.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation