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[eng] Regulation of external exchanges and external constraint over the long term : a comparison of four big European countries with Sweden and Switzerland, . by Angel Asensio.. . The paper describes the regulation of the external manufacturing exchanges in the six countries, with emphasis on...
Persistent link: https://www.econbiz.de/10010978583
While mainstream policies may be beyond improvement in the enchanted ›optimizable‹ world, Post Keynesians have to manage without a magic wand in our uncertain world. We discuss the alternative policies proposed in the recent Post Keynesian literature and argue that control of...
Persistent link: https://www.econbiz.de/10010701887
This paper argues that the mainstream lack of realism comes from its reduced definition of uncertainty. By contrast, the fundamental uncertainty is shown to be the reason why the notion of an optimum is deprived of objective foundation and therefore rational decisions cannot discard the...
Persistent link: https://www.econbiz.de/10010682883
This paper provides a Keynesian model that is closer to the key ideas of The General Theory compared to contemporary models, which are very limited versions of The General Theory that ignore true uncertainty and 'views about the future', which have significant implication for the determination...
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Divided into two parts, this book presents a detailed, multi-faceted analysis of banking and monetary policy. The first part examines the role of central banks within an endogenous money framework. These chapters address post-Keynesian interest rate policy, monetary mercantilism, financial...
Persistent link: https://www.econbiz.de/10011171973
With recent turmoil in financial markets around the world, this unique and up-to-date book addresses a number of challenging issues regarding monetary policy, financial markets and macroeconomic policy.
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This book contends that post Keynesian economics has its own methodological and didactic basis, and its realistic analysis is much-needed in the current economic and financial crisis. At a time when the original message of Keynes’ General Theory is no longer present in most university...
Persistent link: https://www.econbiz.de/10011175495