Money, valuation and growth: conceptualizations and contradictions of the money economy

Cover -- Title -- Copyright -- Contents -- List of Figures -- List of Tables -- Preface -- Acknowledgements -- Introduction -- Economic Theory and Economic Modelling -- Some Comments on the Philosophical Foundations of Economics -- Dynamics and Stability -- Money -- Aggregation -- Growth -- Negative Commodities and Negative Utilities -- Modelling the Economy -- 1 Neoclassical Theory and Rational Expectations: Theoretical Deficiencies -- Abstract -- Barter and the Temptation of Generalization -- Utilitarianism, Utility Theory and Consumption -- The Axiomatic Structure of the Barter Economy -- Equilibrium and Dynamics -- Stability Matters and Community Excess Demand Curves -- Growth -- Aggregation and Arrow's Paradox -- Expectations -- Rational Expectations -- Final Comments -- Appendix: The Neoclassical Axiomatic Structure in a Technical Form -- 2 Aggregation, Money and Keynes' Epistemology -- Abstract -- Rationality, Equilibrium and Epistemic Cycles -- Epistemic Cycles -- Epistemic Cycles in Relation to Aggregation -- Keynes' Philosophical Contribution -- Moore's Paradox -- Physics and Social Sciences: Inference and Induction -- Hume on Induction -- Facts, Commodities and Structures -- The Discussion on Negative Facts -- Final Comments -- 3 The Basics of Money -- Abstract -- Introduction -- Money, Equilibrium and Non-equilibrium -- Medium of Exchange -- Liquidity -- Money as an Accounting Measure -- The Neutrality of Money -- Neutrality in the Short and Long Run and the Interest Rate -- Long Run, Short Run -- Quantity Identity and Quantity Theory -- What are Prices, P, and Real GDP, Y -- The Left Hand Side M3 -- Some Elementary Conclusions -- Money and its Intrinsic Contradiction -- Appendix: On Increase of Commodity Dimensions -- 4 Money, Finance and Growth -- Abstract -- Introduction -- Growth.