Keen Behavioural Finance 2011 Lecture 07 Endogenous Money Part 1
4,062 views · Published 15 September 2011 · 37:44 · Indexed 26 September 2026
Channel: ProfSteveKeen · 2011 · News & Politics
Endogenous money is an established empirical fact, but a seriously underdeveloped concept in economics. In this lecture I cover some of the foundational disputes that marked the development of the concept, and then introduce Graziani's brilliant concept of the Monetary Circuit as a foundation for a monetary model of capitalism.
