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1. Introduction -- Part I: basic concepts -- 2. Piketty's contribution -- 3. Measurement -- 4. Inequality and aggregate demand -- Part II: endogenous dynamics and instability -- 5. Aggregate demand, growth and instability -- 6. Wealth, public debt and instability -- 7. Recursive workhorses --...
Persistent link: https://www.econbiz.de/10012419908
Contents: Foreword / Louis-Philippe Rochon -- Introduction / Marc Lavoie -- Part I: Earlier and easier writings -- 1 'the endogenous flow of credit and the post keynesian theory of money', journal of economic issues, 18 -- (3), september 1984, 771-97 2 2 'the post keynesian theory of endogenous...
Persistent link: https://www.econbiz.de/10012294238
Hyman Minsky is renowned for his theoretical and empirical investigation of the capitalist economy. In this book, a distinguished group of contributors provides an authoritative account of his contribution to the analysis of capitalism and, more particularly, to the fields of monetary and post...
Persistent link: https://www.econbiz.de/10011850705
During his lifetime Hyman Minsky made a seminal contribution to the development of financial Keynesianism. In this book, leading academics celebrate his work and explore his economic legacy. Special attention is paid to his work on contemporary economic method, the Great Depression, the European...
Persistent link: https://www.econbiz.de/10011851430
Contributors to this volume argue that to understand capitalism in evolution, this diversity of systems and approaches must be taken into account and their individual evolutions analysed. This book represents a major understanding of the evolution of capitalism in the twenty first century and...
Persistent link: https://www.econbiz.de/10011851673
Persistent link: https://www.econbiz.de/10011851701
"Students in economics are ever more distressed by the disconnect between mainstream economics and the real world. This book shows how post-Keynesian economics constitutes a coherent heterodox alternative, based on realistic assumptions and the integration of the financial and real sides of the...
Persistent link: https://www.econbiz.de/10013331162
Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st century. Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox economics is now widely criticized for its sterility and its...
Persistent link: https://www.econbiz.de/10014473929
Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this...
Persistent link: https://www.econbiz.de/10014474017