This book presents a clear and concise solution to understanding and alleviating today’s global economic challenges in the context of Keynes’ school of thought. Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of...

This important new book brings together a significant body of new essays on some of the central economic problems facing governments, firms and individuals in the 1990s. Under the direction of Paul Davidson and Jan Kregel, an international group of distinguished economists provide new...

The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United States, the European Monetary Union (EMU) was ripe for a crash. It had its own real estate bubble, specifically in Ireland and Spain, indulged in excessive deficit spending,...