Allgemeine Theorie der Wirtschaft

Understanding money economy means first and foremost understanding money itself. To what extent did the most important schools of the prevailing economic theory, the classical and the neo-classical economic theory, including their most distinguished challengers Marx and Keynes, allow money to play the part to which it is entitled on the basis of its function? Or how did they fail to do so because of the theory of values which was at the very heart of their theoretical deliberations? In their analysis, Hans-Joachim Stadermann and Otto Steiger focus on these questions.