A Macroeconomic Analysis of Profit
Money, production, and profitBank money and the real economyBanks since the industrial revolutionInterbank payments and the central bankWhat room for profit?Classical and neoclassical theories of profitThe old quest for the surplusProfit at the outset of the neoclassical theoryProfit and contemporary neoclassical modelsThe neoclassical theory of distributionKeynes and Keynesian theories of profitAt first, they were windfallsThe importance of profit expectations‘Orthodox’ versions of The General TheoryPost-Keynesian theoriesNew directions in the theory of profitWages and profit allocationWages and invested profitValue of total outputProfit and interestProfit and capital growthProfit, lending, and banking reformsThe bugbear of a new financial crisisThe fragility of regional regulationsChallenges to Basel IIIA reform of the system of national paymentsBibliography