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A Handbook of Alternative Monetary Economics by Malcolm Sawyer, Philip Arestis (Paperback, 2008)

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The first concerns the nature of money: money is credit created through the financial system in the process of loan creation. Contributions to the Handbook cover the origins and nature of money, detailed analyses of endogenous money, surveys of empirical work on endogenous money and the nature of monetary policy when money is endogenous.