liquidity, n.: Econ. The interchangeability of assets and money.
Oxford English Dictionary, 2 ed. (1989).You don’t anywhere come right out in the open and say what liquidity is.
Joan Robinson (1935) Letter to John Maynard Keynes.a highly complex phenomenon. Its [...]
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Join Australian Feminist Studies (AFS) and the School of Social and Political Sciences (SSPS) at the University of Sydney for the launch of AFS’ special issue on ‘Money’. The issue asks: how is money a feminist issue?
Speakers include:
Lisa Adkins (Head of School, [...]
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In 2012, the Bank of Japan (BoJ), launched one of the largest monetary policy experiments in the history of the 21st century. Whilst in the years since the GFC, many countries have engaged in the kind of bond buy-back programs now referred to as quantitative easing (QE), Japan’s is [...]
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An Anthropology of Money: A Critical Introduction shows how our present monetary system was imposed by elites and how they benefit from it.
The book poses the question: how, by looking at different forms of money, can we appreciate that they have different effects? Richard Robbins and [...]
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Marking the release of Marxist Monetary Theory: Collected Papers by Costas Lapavitsas, I was delighted to be the discussant in the ‘Thinking about Money’ Symposium launching it at SOAS, University of London (18 January).
The Wolfson Lecture Theatre (Senate House) was full and lively [...]
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The ‘Marx’s Critique of Political Economy and the Global Crisis Today‘ conference will be held on 6–7 April 2017 — organised by members of the Economics and Sociology departments of Hofstra University, New York — one of many events in 2017 to celebrate the 150th Anniversary of [...]
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In the preface to the 1872 French edition of the first volume of Capital, Marx warned those readers who zealously seek the truth that ‘there is no royal road to science and only those who do not dread the fatiguing climb of its steep paths have a chance of gaining its luminous summits’. In [...]
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Though Marx never developed a theory of the capitalisation of the state or of money creation, he did notice this relationship of getting something for nothing (that we discussed in Part 1 of this post) in the first volume of Capital: A Critique of Political Economy:
The state [...]
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