02340    a2200385   4500001001100000005001700011008004100028020001800069037003600087040000700123041000800130072001500138072001600153072001500169072001500184072001400199072001300213072001400226072001300240072001300253072001200266072002100278072002100299072002100320072002100341072002100362072002100383072001900404100001900423245006500442250000600507260003200513300001000545520139900555135112923620250317111623.0250312042018GB        42           eng    a9781351129237  bTaylor & FranciscGBP 41.99fBB  a01  aeng7 aKCA2thema7 aKCBM2thema7 aKCP2thema7 aKCZ2thema7 aKF2thema7 aKCA2bic7 aKCBM2bic7 aKCP2bic7 aKCZ2bic7 aKF2bic7 aBUS0000002bisac7 aBUS0010102bisac7 aBUS0230002bisac7 aBUS0270002bisac7 aBUS0390002bisac7 aBUS0690002bisac7 a332.4012bisac1 aJean Cartelier10aMoney, Markets and CapitalbThe Case for a Monetary Analysis  a1  aOxfordbRoutledgec20180424  a250 p  bMoney and payments are familiar to everybody. Economists however are often at a loss in assessing the extent to which money matters. As a matter of fact, money is at the origin of the main cleavage in economic theory. Beyond sophisticated models what is at stake is whether money is just an appearance which hides the essence of economic life (value and happiness of people) or, on the contrary, the very substance of economic relations, not limited to exchanges, in which power and sovereignty are ever present. In a first part, the author shows how fragile and shaky are the attempts made by value theoreticians to integrate money into their analysis. In a second part, he develops a rigorous alternative theory by giving strong logical foundations to a monetary analysis in the spirit of Keynes. Many important economic phenomena left unexplained by academic theory are accounted for (involuntary equilibrium unemployment), a new method in dynamics is resorted to (viability theory) and various economic relations are elucidated which are not reducible to exchange, the only one dealt with by academic theoreticians. This is the case of the wage relationship. Although written in view of an audience acquainted with economic theory, this book can be read nevertheless by a larger circle since the technicalities have been reduced to what is strictly necessary to understand what is at stake.