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This valuable and engaging new book bears eloquent testimony to A.P. Thirlwall's substantial contribution to economics over the last 40 years. The volume does not attempt to provide a comprehensive review of such a prolific figure, but rather demonstrates the considerable influence that his work...
Persistent link: https://www.econbiz.de/10011850558
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
1. Keynes, you should be alive today! -- 2. Keynes's principle of effective demand -- 3. Uncertainty and reality in …
Persistent link: https://www.econbiz.de/10011851209
This Handbook provides an authoritative overview of current research in the field of cost-benefit analysis and is designed as a starting point for those interested in undertaking advanced research. The Handbook contains major contributions to the development of the field, focussing on standard...
Persistent link: https://www.econbiz.de/10011851374
lessons / Piero V. Mini -- 3. Market structure, uncertainty and unemployment / Malcolm Sawyer and Nina Shapiro -- 4. Keynes … / John E. King -- 6. Uncertainty, rationality and learning : a Keynesian perspective / Alessandro Vercelli -- 7. Organicism …, uncertainty and 'societal interactionism' : a Derridean perspective / Man-Seop Park and Serap Kayatekin -- 8. Classical liberalism …
Persistent link: https://www.econbiz.de/10011851437
This book provides the definitive account of this watershed and traces the evolution of laissez-faire using the cases of its proponents, Frank Knight, Henry Simons, Friedrich von Hayek, Milton Friedman, James Buchanan and Robert Lucas. By elucidating the pre-analytical framework of their...
Persistent link: https://www.econbiz.de/10011851840
This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent with rational self-interest, but neo-classical economics is unable to explain economic volatility and the trade cycle. Athol Fitzgibbons critiques the leading macroeconomic...
Persistent link: https://www.econbiz.de/10011851877
This ambitious book seeks both to revive and revise the idea of 'functional finance'. Followers of this doctrine believe that government budgets should concentrate solely on their macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline....
Persistent link: https://www.econbiz.de/10011852035
Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the transition from socialism to a market economy. In several of...
Persistent link: https://www.econbiz.de/10011852116
'I only wish that Ian McDonald's Behavioural Macroeconomics had been available when I was preparing A Guide to Behavioral Economics; it certainly would have provided me with material to fill in a number of gaps and cite several additional important concerns!'--Hugh Schwartz, University of the...
Persistent link: https://www.econbiz.de/10011852162