A Macroeconomic Analysis of Profit

ISBN-13: 9780815380351 / Angielski / Twarda / 2019 / 174 str.

Andrea Carrera

Opis

Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. It will challenge policy makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.

Spis treści

Figures. Tables. Foreword Alvaro Cencini and Sergio Rossi. Foreword and Acknowledgments Andrea Carrera.
Introduction.
1 Money, Production, and Profit. Bank Money and the real economy. Banks since the industrial revolution. Interbank payments and the central bank. What room for profit?
2 Classical and Neoclassical Theories of Profit. The old quest for the surplus. Profit at the outset of the neoclassical theory. Profit and contemporary neoclassical models. The neoclassical theory of distribution.
3 Keynes and Keynesian Theories of Profit. At first, they were windfalls. The importance of profit expectations. ‘Orthodox’ versions of The General Theory. Post Keynesian Theories.
4 New Directions in the Theory of Profit. Wages and Profit Allocation. Wages and Invested Profit. Profit and Interest. Profit and Capital Growth.
5 Profit, lending, and Banking Reforms. The bugbear of the new financial crisis. The fragility of regional regulations. Challenges to Basel III. A reform of the system of national payments.
Conclusion.
References. Name index. Subject index.

O autorze

Andrea Carrera is Assistant Professor in the Department of Applied Economics, Structure & History at Complutense University of Madrid. He has gained academic and business experience in both Europe and North America. He has lectured on and authored a number of scientific articles in economics, and he has worked for large and medium companies. Andrea holds a PhD (Switzerland) and an MPhil (Spain) in economics. He loves 20th-century history, languages, food, and hiking with good friends.