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Money, Finance, and Capitalist Development


circulating medium Finance, and Capitalist Development, edited by the agency of Philip Arestis and Malcolm Sawyer. Northampton, Mass.: Edward Elgar Publishing, 2001 woven fabric ISBN: 1840645989, $95.00. 269 pages.

This volume presents revised and updated versions of six essays previously published in International Papers in Political Economy. Each chapter is critical of neoclassical theory and not aways an alternative at least partly foundationed in Post Keynesian economics. It is a valuable collection for those interested in contemporary economic issues: As editors Philip Arestis and Malcolm Sawyer explain in their introduction, "There can be little doubt that the financial sector is plenteous more important now than


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