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Money And Households In A Capitalist Economy

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Money And Households In A Capitalist Economy

A Gendered Post Keynesian–Institutional Analysis

Zdravka Todorova

Zdravka Todorova, Assistant Professor of Economics, Wright State University, Dayton, OH, US. In 2007 Todorova received the international prize commemorating the 150th anniversary of Thorstein Veblen’s birth, awarded jointly by the European Association for Political Economy and the Association for Evolutionary Economics.

Awarded Choice Outstanding Academic Title for 2010
2009 176 pp Hardback 978 1 84720 953 5

Hardback $123.00 on-line price $110.70


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‘Todorova bridges the gap between feminist economics and macroeconomics in this pathbreaking work. Presenting an in-depth analysis of the relationship between monetarist theory and gender issues, Todorova traces the earliest history of monetary theory and its lack of gender analysis, and presents a lucid theory of the importance and consequence of embedding feminist economics in a macroeconomic framework. Informative and enthusiastic, the book is written in a clear, easy-to-read style. Apart from being a significant contribution toward discovering previously unexplored synergies between two branches of economics, the book also offers a major boost to feminist economics. More specifically, the contention that monetary theory is not separate from, but linked with, feminist studies is powerful. Essential.’
– S. Chaudhuri, Choice


Further information

Post Keynesian analyses of monetary production have not given much attention to households as institutions, while a good deal of the literature in feminist economics discusses households in a strictly microeconomic context, with little consideration of monetary phenomena. This book, a unique study of the capitalist economy, utilizes a distinctive combination of Post Keynesian, institutional, and gender analysis to examine household economics in capitalist society in order to flesh out the gaps in each.

The author poses questions that cut across rigidly determined areas of inquiry, such as gender and money, and micro- and macroeconomic analysis. She grounds the discussion of households and their social and financial relations within a monetary theory of production, and provides many methodological, theoretical, and policy formulation insights to establish a framework that illuminates current problems of household debt.

Full table of contents

Contents: Foreword by Frederic S. Lee and L. Randall Wray 1. Introduction 2. The Place of Households in the Post Keynesian Theory of Monetary Production 3. Introducing Gender in Post Keynesian Economics 4. Towards a Gendered Post Keynesian–Institutional Analysis 5. Institutional Change, Households, and the State 6. Social Intelligence and Households Under Capitalism: Conclusions and Further Explorations Reference Index

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