Description
The chapters explore intriguing and important issues including:
- the history and methods of post-Keynesian economics
- money, credit and central banks
- growth and income distribution
- post-Keynesian macroeconomics as an alternative to the New Consensus
- the macroeconomics of unemployment and labor market issues
- European economic policies
- open economy models of distribution and growth
- international monetary and global economics
- financialisation and financial crisis.
This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.
Contributors:P. Arestis, R.A. Blecker, A.K. Dutt, G.A. Dymski, E. Hein, H. Herr, D.R. Howell, M. Lavoie, O. Onaran, E. Stockhammer
About the Author
Edited by Eckhard Hein, Professor of Economics, Institute for International Political Economy, Berlin School of Economics and Law, Germany and Engelbert Stockhammer, King's College London, UK
Reviews
'For more than a decade, most macroeconomists convinced themselves they were witnessing a "Great Moderation". Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. The premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.' -- Mark Setterfield, Trinity College
'The essays in this book are of the highest quality and give a substantial account of a strand of current heterodox thought.' -- Victoria Chick, Wirtschaft und Gesellschaft
Book Information
ISBN 9780857931597
Author Eckhard Hein
Format Paperback
Page Count 392
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd