Basil Moore passed away recently, as I mentioned a few days back in this blog.
One of the criticisms of Moore’s work was the passive role of banks. Louis-Philippe Rochon has an excellent article in his Festschrift Complexity, Endogenous Money and Macroeconomic Theory — Essays in Honour Of Basil J. Moore, Edward Elgar, 2006, to further develop Moore’s views.
Below is the scan of the full article, provided to me by LP for posting here.
The object below is an embed of the pdf. If the embed doesn’t display, or to get a better view, you can open it in a separate browser tab here.