All Outputs (3)

The Liquidity of Money (2018)
Journal Article
Hayes, M. (2018). The Liquidity of Money. Cambridge Journal of Economics, 42(5), 1205-1218. https://doi.org/10.1093/cje/bey018

In his General Theory, Keynes implicitly defines liquidity as stability of value with respect to changes in the state of long-term expectation. This contrasts with the usual conception of liquidity as convertibility and with leading Post-Keynesian in... Read More about The Liquidity of Money.

Keynes's liquidity preference and the usury doctrine: their connection and continuing policy relevance (2016)
Journal Article
Hayes, M. (2017). Keynes's liquidity preference and the usury doctrine: their connection and continuing policy relevance. Review of Social Economy, 75(4), 400-416. https://doi.org/10.1080/00346764.2016.1269937

The purpose of this paper is to support the spirit of the early medieval prohibition of payment for the use of money, with arguments based on the economics of Keynes. At the heart of the usury doctrine is the idea that a creditor cannot expect both t... Read More about Keynes's liquidity preference and the usury doctrine: their connection and continuing policy relevance.

Geoff Harcourt and Peter Kriesler, eds., The Oxford Handbook of Post-Keynesian Economics (Oxford: Oxford University Press, 2013) (2015)
Journal Article
Hayes, M. (2015). Geoff Harcourt and Peter Kriesler, eds., The Oxford Handbook of Post-Keynesian Economics (Oxford: Oxford University Press, 2013). Journal of the History of Economic Thought, 37(03), 499-502. https://doi.org/10.1017/s1053837215000395