Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics...

"This erudite book offers an extensive overview of the key debates taking place amongst Post Keynesian economists, acknowledging the vital contribution Post Keynesian scholarship has made to theoretical and policy discourse in the 21st century. Bringing together distinguished experts from across...

Part I -- Introduction -- 1. The crisis in context / Turan Subasat -- 2. Roots of the current economic crisis: capitalism, forms of capitalism, policies, and contingent events / David M. Kotz -- Part II -- Crisis and profitability -- 3. Crisis theory and the falling rate of profit / David Harvey...

Introduction : the attributes of the crisis / David Bailey, Dan Coffey, Philip R. Tomlinson -- The workings of the Japanese economy / Donald W. Katzner -- The cause of Japan's recession and the lessons for the world / Richard A. Werner -- Transnational monopoly capitalism, the J-mode firm and...

During the current economic crisis recurring questions on the validity of the liberal economic system have resurfaced concerning the role of the state and the free market, the proactive use of fiscal policies, economic nationalism, and environmental sustainability. However, due to the depth and...

Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate...