The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Interest and Profit

  • Carlo Panico
Living reference work entry
DOI: https://doi.org/10.1057/978-1-349-95121-5_946-1

Abstract

The analysis of the relationship between the rates of interest and profit deals with how to integrate the theory of money with the theory of value and distribution. Different views on this subject reflect alternative positions expressed in the debates over these theories. They describe how changes in the financial markets affect the production process and vice versa, and have different policy implications.

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Bibliography

  1. Hicks, J.R. 1939. Value and capital. Oxford: Clarendon Press.Google Scholar
  2. Keynes, J.M. 1930. A treatise on money, vol. 2 vols. London: Macmillan.Google Scholar
  3. Keynes, J.M. 1936. The general theory of employment, interest and money. London: Macmillan.Google Scholar
  4. Sraffa, P. 1960. Production of commodities by means of commodities. Cambridge: Cambridge University Press.Google Scholar

Copyright information

© The Author(s) 1987

Authors and Affiliations

  • Carlo Panico
    • 1
  1. 1.