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...

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...

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 --...

Contrasting architectonics for a theory of public finance -- Property, state and public finance -- State and market : a two-forum societal architecture -- Political entrepreneurship within the ecology of enterprises -- The economic organization of political enterprises -- Revenue extraction :...

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...

"Innovative in its approach, Rethinking Public Choice reviews the concept of public choice since the 1950s post war period and the application of economics to political practices and institutions, as well as its evolution in recent years attracting contributions from political science and...

"Taking an innovative look at the origins of economics, this forward-thinking book relocates economics from a materialistic general theory of rational action into an idealistic theory of social organization and individual action. Adding new insightful analytical methods such as complexity...

"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...

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...