The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Interest and Profit

  • Carlo Panico
Reference work entry


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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  2. Keynes, J.M. 1930. A treatise on money, vol. 2 vols. London: Macmillan.Google Scholar
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  4. Sraffa, P. 1960. Production of commodities by means of commodities. Cambridge: Cambridge University Press.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Carlo Panico
    • 1
  1. 1.