January 2013
In this review essay of Geoffrey Ingham’s book Capitalism, Ann Pettifor stresses the need to understand the elastic production of money under capitalism and to move beyond the legacy of Adam Smith and ‘fractional reserve banking.’

January 2013
In this review essay of Geoffrey Ingham’s book Capitalism, Ann Pettifor stresses the need to understand the elastic production of money under capitalism and to move beyond the legacy of Adam Smith and ‘fractional reserve banking.’
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